Florida-based Sun Capital has completed the turnaround of Marsh Supermarkets and now is seeking a buyer
for the home-grown chain. CEO Frank Lazaran told IBJ Sun will sell Marsh “when the market is right, financing
is right, and
someone is willing to pay a fair multiple.”
The O’Malia’s Food Market near 56th Street and Emerson Avenue will close for good this weekend after a 33-year run.
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
A new eye-grabbing advertising design in The Indianapolis Star has some wondering where ad content stops and news
content begins.
Kroger Co. is looking at land in Zionsville for a new store.
Marsh Supermarkets Inc.’s attempt to switch to a cheaper supplier of prescription drugs has touched off a legal battle with
the current supplier — which suggests it could fine the grocery chain as much as $61 million for reneging on its deal.
