Ontario, California-based Heritage Grocers Group, the parent company of Cardenas Markets and Tony’s Fresh Market, has appointed Ted Frumkin as SVP of store development.
In this position, Frumkin will report to Prabash Coswatte, chief administrative officer for Heritage Grocers Group, and will oversee the company’s strategic real estate development and growth initiatives.
“Ted is an exceptional real estate executive with extensive experience in new store development, project management, procurement and financial analysis,” Coswatte said. “Ted will play a critical role in driving growth across all Heritage Grocers Group banners.”
As president and CEO of TBF Strategic Realty Advisors, Frumkin has provided real estate guidance to Cardenas Markets since 2020.
Prior to joining Cardenas Markets, Frumkin most recently served as group VP of Real Estate and Construction of North Carolina-based The Fresh Market. He also has served as chief development officer for Sprouts Farmers Markets and VP of real estate for Staples Inc.
Frumkin also has held real estate leadership roles at Rubio’s Restaurants, Office Depot, Wal-Mart Stores and Taco Bell.
Heritage Grocers Group is a specialty, ethnic food retailer that offers an assortment of traditional and specialty grocery items. Heritage Grocers Group operates in four states: California, Nevada, Arizona and Illinois, with 57 stores under the Cardenas Markets banner, 20 Tony’s Fresh Market stores and seven Los Altos Ranch Markets.
