NewsLocal News / June 8, 2017

Marsh Sale Attracts Multiple Buyers, Goes To Auction Monday

The winning buyer may choose to keep some Marsh stores open, convert them to another chain's brand, or close the stores entirely.retail, Marsh supermarkets, Marsh2017-06-08T00:00:00-04:00
Article origination IPBS-RJC
Marsh Sale Attracts Multiple Buyers, Goes To Auction Monday

This Marsh, in downtown Indianapolis, is one of the 44 remaining stores.

Lauren Chapman/IPB

The 44 remaining Marsh stores will go to auction Monday, June 12, as the Indiana company’s bankruptcy process continues.

The Fishers-based grocery chain received multiple bids for its assets as of Wednesday’s deadline, triggering the auction.

The winning buyer may choose to keep some Marsh stores open, convert them to another chain’s brand, or close the stores entirely.

Many Marsh stores have already shut down as the company struggles to stay afloat. Marsh officially filed for Chapter 11 bankruptcy protection in May.

 

 

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