AMESFANCLUB
July 21, 2017, 10:41:23 AM *
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News: 7/12  --------Jon here! WASSUP?Huh?Huh?

Start some topics..........

 
  Home   Forum   Help Login Register  

Pages: [1]
  Print  
Author Topic: Marsh Supermarkets files Chapter 11 *  (Read 640 times)
0 Members and 1 Guest are viewing this topic.
retailisking
Expert Member
*********

Karma: 21
Offline Offline

Posts: 1772


« on: March 20, 2017, 03:22:56 PM »

So far six stores are slated for closure, and it looks like bankruptcy is in the cards
https://www.ibj.com/articles/63014-marsh-poised-for-more-closings

*Thread title updated to reflect bankruptcy filing
« Last Edit: June 14, 2017, 05:38:21 PM by retailisking » Logged
Scrabbleship
AMESer +1
***

Karma: 0
Offline Offline

Posts: 88


« Reply #1 on: March 20, 2017, 06:01:35 PM »

So far six stores are slated for closure, and it looks like bankruptcy is in the cards
https://www.ibj.com/articles/63014-marsh-poised-for-more-closings

Might this be a good opportunity for Giant Eagle to expand further in the Indianapolis market outside the one Market District/GetGo in Carmel? It would also give them a presence in the Cincinnati market as well.
Logged
retailisking
Expert Member
*********

Karma: 21
Offline Offline

Posts: 1772


« Reply #2 on: April 30, 2017, 04:16:06 PM »

Marsh's implosion continues. More stores close, and they are exiting the pharmacy business (the pharmacy stores will no longer be able to sell hard liquor.) Pharmacy customer files have been sold to CVS. Krispy Kreme is suing Marsh for unpaid bills.

https://www.ibj.com/articles/63619-marsh-supermarkets-closing-all-in-store-pharmacies
« Last Edit: April 30, 2017, 05:27:04 PM by retailisking » Logged
retailisking
Expert Member
*********

Karma: 21
Offline Offline

Posts: 1772


« Reply #3 on: April 30, 2017, 09:33:09 PM »

Might this be a good opportunity for Giant Eagle to expand further in the Indianapolis market outside the one Market District/GetGo in Carmel? It would also give them a presence in the Cincinnati market as well.

Maybe, or perhaps Marsh has already chased so many customers away to competitors that there isn't much opportunity for conquest.
Logged
retailfan
Level 2 Kinda-Amesy!
****

Karma: -2
Offline Offline

Posts: 135


« Reply #4 on: May 10, 2017, 04:44:39 PM »

Marsh announced yesterday that it had 60 days to find a buyer or they would close the remaining 44 stores 40 in Indiana and 4 in Ohio
looks like the end of an era for the once proud store  Founded in Muncie Indiana . Im thinking that some of there newer stores might be purchased  by another chain  Giant eagle has opened one location and also several get go stores  Possible they will pick up a few locations
Logged
retailisking
Expert Member
*********

Karma: 21
Offline Offline

Posts: 1772


« Reply #5 on: May 10, 2017, 07:40:47 PM »

Marsh announced yesterday that it had 60 days to find a buyer or they would close the remaining 44 stores 40 in Indiana and 4 in Ohio
looks like the end of an era for the once proud store  Founded in Muncie Indiana . Im thinking that some of there newer stores might be purchased  by another chain  Giant eagle has opened one location and also several get go stores  Possible they will pick up a few locations

Giant Eagle and Kroger would be the most obvious suitors for many of the stores, with the remainder going mostly to Supervalu-supplied independents. The marketability of the former pharmacy locations (with their lucrative liquor licenses) has declined. This is happening while Chicagoland co-op Central Grocers implodes, with Supervalu and AWG appearing to be the big winners in securing former CG clients. Even CG-owned grocers are relying on SVU to keep the shelves stocked.
http://www.supermarketnews.com/retail-financial/independents-shop-new-suppliers-wake-central-grocers-bankruptcy
« Last Edit: May 10, 2017, 07:51:50 PM by retailisking » Logged
retailisking
Expert Member
*********

Karma: 21
Offline Offline

Posts: 1772


« Reply #6 on: May 11, 2017, 02:45:12 PM »

This was inevitable...
http://www.supermarketnews.com/retail-financial/marsh-files-chapter-11
« Last Edit: May 11, 2017, 05:08:53 PM by retailisking » Logged
retailfan
Level 2 Kinda-Amesy!
****

Karma: -2
Offline Offline

Posts: 135


« Reply #7 on: May 13, 2017, 08:13:45 PM »

Doubtful that Kroger would  want any of the locations as they are prety  much  in most areas already that Marsh is  plus Kroger is concentrating on there Marketplace stores to compete with the Walmart supercenter and Meijers
Logged
retailisking
Expert Member
*********

Karma: 21
Offline Offline

Posts: 1772


« Reply #8 on: June 14, 2017, 05:37:00 PM »

18 stores still up for grabs. Kroger is expected to operate some stores and keep paying on dark leases for the rest.
http://www.indystar.com/story/money/2017/06/13/how-marsh-supermarkets-bids-would-affect-indianapolis-area-stores/393389001/
« Last Edit: June 15, 2017, 01:24:50 AM by retailisking » Logged
retailfan
Level 2 Kinda-Amesy!
****

Karma: -2
Offline Offline

Posts: 135


« Reply #9 on: June 16, 2017, 05:06:18 PM »

Yes Kroger is closing some of the marsh stores including one on IN 135 in Greenwood  was there yesterday and they are liquidating and store closing banners are up
I feel bad for the employees of those stores though and that Marsh store has some of the best meats and an awesome chicken salad  that i will miss  plus the salad bar and there 5.00 sub   
Logged
JSIDA17
Level 2 Kinda-Amesy!
****

Karma: 18
Offline Offline

Posts: 147


Kmart will go bankrupt again, I just know it


« Reply #10 on: July 03, 2017, 05:11:14 PM »

I swear, in five years the only supermarket left will be the grocery section in Walmart. Good grief.
Logged

JimSawhill
Ames 4 Lyfer!
********

Karma: 3
Offline Offline

Posts: 845


« Reply #11 on: July 05, 2017, 08:04:10 AM »

I swear, in five years the only supermarket left will be the grocery section in Walmart. Good grief.

You might be correct...or supermarkets that knows how to do their business like Publix.
Logged
Pages: [1]
  Print  
 
Jump to:  


Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
SimplePortal 2.3.1 © 2008-2009, SimplePortal
Valid XHTML 1.0! Valid CSS!