Kroger finalizes Marsh purchase, announces renovation plan

Kroger has officially closed the deal on their purchase of 11 Marsh stores.

The grocer says there is a plan in place to remodel and re-open seven of the stores. That development plan will cost more than $20 million, including money put toward deferred maintenance of the buildings.

The seven stores include locations on West Michigan Street in Indianapolis, Boone Village and N. Michigan Road in Zionsville, Kinser Pike in Bloomington, the E. Main Street store in Brownsburg and two Muncie locations, which will operate under the Pay Less brand.

Pay Less is part of the Kroger chain.

A company spokesman says the future of stores on W. 86th Street in Indianapolis, S. Kingston Drive in Bloomington, South SR 135 in Greenwood and E. 116th Street in Fishers will be determined at a later time.

Kroger says while the company understands shoppers are excited to get a new store in their neighborhood, but renovating a store while it was open for business would take six to eight months

“Working when the stores are empty, as they are now, allows Kroger engineers to accelerate the remodeling,” Kroger said in a release.

Former Marsh employees hired

Kroger also said “several hundred” former Marsh employees have started working for the company. Many of those workers, Kroger said, are already working or training at nearby stores.

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