Strack & Van Til Auction Delayed

(photo courtesy of our partners at The Times of Northwest Indiana)

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The planned auction for more than a dozen Strack & Van Til stores has been delayed one week. Our partners at The Times of Northwest Indiana report documents filed with the bankruptcy court did not state a reason for the postponement. 

The auction for the 19 stores will now take place July 6. An auction for the remaining assets of Strack’s Illinois-based parent company Central Grocers Inc., including its distribution and warehouse facility in Illinois, was still scheduled to take place Thursday, according to the publication.

Last month, Illinois-based Jewel-Osco offered to acquire the remaining stores for $100 million. The Times reports another buyer could outbid Jewel in the auction, and interested buyers had until Monday to make an offer.

You can read more about the delay in The Times of Northwest Indiana.