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    Marsh Closing 3 Stores

    Market dynamics blamed for shutting of Indiana locations

    Marsh Supermarkets Inc. is closing three of its stores in Indiana after a “thorough review” of their market viability.

    The Indianapolis-based chain is closing supermarkets at 880 S. U.S. 31 in Greenwood, 285 Morton Ave. in Martinsville and 831 E. 53rd St. in Anderson.

    “This decision was made at a time when we have also committed to grow our company as referenced with our plans to build a new downtown Indianapolis location,” the company said in statement. “We hope that this will be the first of many new stores that we will be able to announce in the months and years ahead.”

    Employees at the shuttered stores will be given the opportunity to apply for a transfer to another location or be granted a severance package.

    Marsh is currently without a permanent chief executive after CEO Joe Kelley resigned in May to take over as president of the New England division of Ahold's Stop & Shop. COO Bill Holsworth is currently serving as interim CEO.

    Marsh Supermarkets operates 70 Marsh stores, including three O’Malia’s Supermarkets and 26 MainStreet Markets, in Indiana and Ohio, with 40 Indiana pharmacy locations.
     

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