Marsh Supermarkets Announces Liquidation Sales and Auction Transactions

INDIANAPOLIS, June 15, 2017 /PRNewswire/ -- Marsh Supermarkets, LLC, announced today that liquidation sales have commenced at 29 of its stores in Indiana and Ohio. The sales, featuring discounted merchandise, will continue until the inventory is sold, most likely in early July.

In a June 12, 2017, auction conducted as part of Marsh's Chapter 11 bankruptcy proceeding in the U.S. Bankruptcy Court for the District of Delaware, Topvalco, Inc., a wholly-owned subsidiary of The Kroger Co., and Generative Growth II, LLC, doing business as Fresh Encounter, successfully bid for 11 and 15 Marsh locations, respectively. Those transactions received conditional approval from the Court on June 14, 2017.

Liquidation sales began today at the 11 locations being purchased by Topvalco and at the 18 other Marsh stores that did not attract a buyer in the auction. Topvalco intends to take possession of its stores when the liquidation sales are complete. The stores without a buyer will be closed.

Liquidation sales are being conducted at the following locations:

SOURCE Marsh Supermarkets, LLC