NewsLocal News / May 9, 2017

Marsh To Close All Stores In 60 Days Unless Buyer Is Found

Marsh has locations in Bloomington, Columbus, Kokomo, Greensburg and about a dozen in and around Indianapolis.Marsh supermarkets, Marsh2017-05-09T00:00:00-04:00
Marsh To Close All Stores In 60 Days Unless Buyer Is Found

Marsh Supermarkets says it will close all remaining 44 locations in the next 60 days unless the chain can find a buyer or business partner.

Courtesy Huw Williams

A Marsh Supermarkets spokesperson confirms the store plans to close all remaining 44 locations in the next 60 days unless the chain can find a buyer or business partner that will allow the company to continue operations. The closure includes 40 locations in Indiana and four in Ohio.

Marsh filed a notice Monday with the Indiana Department of Workforce Development indicating the closure of 16 stores that have more than 50 employees, as required by the state. The remaining stores have fewer than 50 employees.

“We deeply regret and understand the uncertainty this action will cause our valued employees and the community,” said Vice President of Legal Affairs Ben Habegger in the Workforce Development filing.

A spokesperson says Marsh has partnered with the investment firm Peter J. Solomon Company to seek a buyer or investor.

Marsh has locations in Bloomington, Columbus, Kokomo, Greensburg and about a dozen in and around Indianapolis.

The Indianapolis Business Journal reports the Indianapolis-based chain is already closing dozens more locations in May and June.

Marsh recently sold its pharmacy department, forcing the stores to stop selling hard liquor in order to comply with Indiana’s complicated alcohol laws.

 

 

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