Articles

Turkey Hill chain targets Indianapolis

A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.

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Marsh taken off the market

The parent company of Marsh Supermarkets plans to continue investing in the local grocery chain after it failed to find a
buyer for the chain of roughly 100 stores. Half of those are in Indianapolis.

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Revived Marsh Supermarkets goes up for sale

Florida-based Sun Capital has completed the turnaround of Marsh Supermarkets and now is seeking a buyer
for the home-grown chain. CEO Frank Lazaran told IBJ Sun will sell Marsh “when the market is right, financing
is right, and
someone is willing to pay a fair multiple.”

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