Marsh to Close Stores
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowMarsh Supermarkets says it will close four of its stores within the next few weeks. The grocery chain says the locations are not meeting its sales or growth potential requirements.
April 9, 2015
News Release
INDIANAPOLIS, Ind. – Marsh Supermarkets announced this morning, that it is closing four of its stores within the next few weeks. After extensive review, it has been determined these stores do not meet our business requirements regarding sales or future growth potential going forward. While it is a difficult decision, the Marsh management team is committed to improving our operating results and strengthen the company’s competitive position in the marketplace.
The affected stores are located at 7400 E. Fishers Station, Fishers, Indiana; 435 Town Center St. North, Mooresville, Indiana; 3825 South Street, Lafayette, Indiana and 35 Lynhurst, Indianapolis, Indiana. Fortunately, there are other Marsh stores nearby in each of these areas, where Marsh and our valued associates will continue to offer the same fresh and healthy choices that our customers are accustomed to.
Associates at these stores will be offered the opportunity to transfer to another location within the company.
This action is part of a longer plan we are implementing to position Marsh Supermarkets for the years ahead. During the year ahead, we will continue to aggressively invest in our existing store base.
Source: Marsh Supermarkets