Discount grocer Aldi coming to former Marsh site in Nora
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
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Fourteen former Marsh groceries to convert to Needler’s Fresh Market brand
The newly created moniker is a nod to the Needler family of Findlay, Ohio, third generation grocers. The former Marsh stores are owned by Michael Needler Jr. and his sister, Julie Needler Anderson.
City to steer $500K into grocery development in low-income areas
The Hogsett administration plans to use federal grant funding to stimulate the development of one or more grocery stores and help eliminate food deserts.
Kroger lays out plans for 11 former Marsh grocery stores
Kroger said it will first focus on reopening seven of the stores, spending $20 million on renovations.
Novel layout complicated effort to find Marsh buyers for some stores
Rather than featuring long, tall aisles like traditional groceries, the new-format stores featured a courtyard in the center with a dozen “boutiques” around the perimeter, each selling a certain category of goods.
Going-out-of-business sales start Thursday at 18 Marsh stores
Sales to liquidate inventory at the 18 stores that weren’t sold at auction to other grocers this week could last until early July, said a Marsh spokesman.
CVS, suitors for Marsh stores agree to settlement, helping clear way for sale
Under the agreement, prospective store buyers Kroger and Fresh Encounter would be able to operate pharmacies at the locations much sooner than rival CVS expected.
CVS, owners of Lockerbie Marketplace object to Marsh store-sale plan
CVS wants to prevent buyers from operating pharmacies. Lockerbie Marketplace's owners say Fresh Encounter has failed to demonstrate it has the financial wherewithal to "fully perform" under the Marsh lease it wants to take over in that shopping center.
Proposed Marsh store sales set table for downtown free-for-all
For decades, Marsh Supermarkets has had a lock on the downtown grocery market. Proposed store sales disclosed Tuesday, combined with the impending opening of Whole Foods, set the stage for three-way showdown.
Marsh locations slated for purchase by Ohio grocers include 12 in central Indiana
The 26 stores that the Kroger and Fresh Encounter chains have agreed to acquire span Indiana, as well as four cities in Ohio. Here’s the whole list.
‘Numerous bidders’ pursue Marsh stores, likely setting stage for auction
The Fishers-based company would not provide details on the offers, which it is evaluating with creditors. The fate of its 44 remaining stores likely will be determined next week.
UPDATE: Marsh reports ‘numerous bidders’ for remaining stores
Fishers-based Marsh Supermarkets has received offers for at least some of its remaining 44 stores “from numerous bidders,” the company said Wednesday evening, less than two hours after the bid deadline set by bankruptcy court.
Key deadline in Marsh sale passes without suitor surfacing
The deadline was Monday for the company to identify a so-called stalking horse bidder, which would make an initial offer for the grocer's assets that any other suitor would have to beat. Bidders for the business still could emerge, but time is running out.
Landlord’s Marsh bet leaves trail of foreclosures
Landlords across Indiana are feeling the pain from the collapse of Marsh Supermarkets, but none more so than a Canadian firm that had as many as 12 of the grocer’s stores in its portfolio.
Marsh incentive plan awards key employees if stores are sold
The plan, approved by a bankruptcy judge, allows 10 employees to collectively receive up to $1.1 million in bonuses if certain conditions of a sale are met.
Experts: Marsh purchase doomed from start
In 2006, when Sun Capital Partners bought Marsh Supermarkets, the bet looked risky at best.
Marsh bankruptcy documents show Sun Capital no longer in control
Sun Capital Partners has relinquished controlling ownership of Marsh Supermarkets to a limited liability company that plans to sell the assets of remaining stores at auction a month from now, bankruptcy papers show.
UPDATE: Marsh Supermarkets files for Chapter 11 bankruptcy protection
The struggling grocery chain announced the move Thursday morning as it seeks a buyer for all or some of its remaining 44 stores.
Kroger plans timely job fair amid Marsh’s closing spree
Kroger said it didn’t plan the event to take advantage of the Marsh closings, but it welcomes the local grocery chain’s former employees. The grocer is looking to fill more than 300 positions.