Local Marsh stores sold to Kroger subsidiary, others to close and begin liquidation sales


Several Marsh Supermarkets stores will soon be under new ownership after a bidding process took place June 12 while others plan to permanently close.

This comes after Marsh’s filing of a voluntary petition for relief under Chapter 11 Bankruptcy Protection May 11.

On June 12, a motion was filed by Marsh in the state of Delaware seeking approval for two bidders to purchase 16 of the 44 remaining Marsh stores at costs of $16 million and $8 million, respectively.

Topvalco, Inc., a subsidiary of Kroger, will assume contracts for the leases of 11 Marsh stores, including the two Zionsville Marsh stores, at 10679 N. Michigan Rd. and 5 Boone Village, and the Fishers Marsh store, at 12520 E. 116th St. The second successful bidder was Generative Growth II, LLC, which will assume leasing contracts for 15 stores in Ohio and Indiana.

“The two transactions (Kroger and Fresh Encounter) were conditionally approved in court today,” stated Marsh spokesman Tom Mulligan on June 14. “The 18 stores that did not find buyers will undergo liquidation sales beginning tomorrow (June 15) and continuing until the inventory is sold, most likely in early July.”

Two Carmel stores are closing: 4755 E. 126th St. and 2140 E. 116th St.

In Carmel, the O’Malia family released a statement in regards to the Marsh store at Brookshire Shoppes.

“The O’Malia family has owned Brookshire Shoppes through a partnership and limited liability company since (​1982)​,” the family stated in a media release shared with Current.

O’Malia Investment Co., LLC, is the owner of Brookshire Shoppes and is Marsh’s landlord. According to the release, the​ Marsh affiliate is a tenant at Brookshire and Marsh has operated the store since Marsh’s acquisition of the assets of O’Malia Food Markets, Inc., in 2001.

​”​As the owner of the shopping center and the operator of the grocery store from its opening in 1982 to the sale to Marsh in 2001, the owners of the center have been generally dissatisfied with Marsh’s operation of the store, especially over the last few years,” the statement reads. ​”However, the owners of the center have no responsibility or authority over the manner in which the tenants of the center operate their stores, and Marsh is no exception.”​

​”​Under applicable law, Marsh has the ability to either accept or reject the lease for the store in Brookshire Village Shoppes. In the event that Marsh rejects the lease, the owner of the center will be free to negotiate with a new tenant, and it is the intent of the owners to do that. To the extent the law allows, the owners of the center will respond to any action taken by Marsh in a manner that best serves the future of Brookshire Shoppes.”