Lucky’s Market Agrees to Sell 7 Still-Open Stores to Founders

Bankrupt grocer Lucky’s Market cuts deal to sell its seven still-operational locations to a group led by Bo and Trish Sharon, the company’s founders, according to a company statement.

• Deal is subject to an auction process and financial terms of the sale weren’t immediately disclosed
  • The stores involved employ about 600 people
  • They’re located in Traverse City, MI; Cleveland, OH; Columbus, OH; Columbia, MO; Melbourne, FL; North Boulder and Fort Collins, CO,
• Lucky’s bankruptcy lawyer said in a hearing Tuesday that the co. has also agreed to sell five stores to Aldi Stores Ltd. and six stores to Publix Group ...