About Marsh Supermarkets Company, LLC
Marsh Supermarkets is no backwater grocery chain. A leading retailer in Indianapolis (behind
Geographic Reach
Indianapolis-based Marsh Supermarkets has stores in Indiana and Ohio.
Sales and Marketing
The company operates 72 stores (including 38 Indiana pharmacy locations) and online.
Financial Performance
While the privately-owned Marsh Supermarkets doesn't publish its financial results, the grocery chain rang up an estimated $924 million in fiscal 2016 (ended March).
Strategy
The company plans to open up to 13 stores by 2018 amid intense competition.
In 2016,
Amid shrinking sales, Marsh in January 2014 shuttered eight stores in Franklin, Lebanon and Muncie, Indiana whose leases were expiring. The supermarket chain cited a shrinking customers base for the closures. The action was the first in a three-year plan implemented in 2014 to position the company for growth and profitability. On the plus side the chain opened the first new grocery store in downtown Indianapolis in 30 years in May 2014. (It was the first new location opened by Marsh since it was acquired by Sun Capital in 2006. Indeed, under Sun's ownership Marsh has shrunk from 97 supermarkets to just over 70 locations. )
The regional supermarket chain is updating many of its stores in Indiana and Ohio in the face of increasing competition from out-of-state grocers, such as Kroger,
Previous actions to stem losses at Marsh include slashing $70 million in overhead, selling about $80 million in real estate, and spinning off non-grocery businesses, including a caterer, florist, and convenience store chain. Nevertheless, it's struggling to regain market share lost to its archrival,
The Marsh family sold the company to
140 Bradford Dr Ste C
West Berlin, NJ 08091-9216
Phone: 1 (317) 594-2406
Employer Type: Privately Owned
Employees (This Location): 300
Employees (All Locations): 13,300
West Berlin, NJ
Brownsburg, IN
Indianapolis, IN
Muncie, IN
Hillsborough, NJ
West Berlin, NJ