Cleveland Grocer Buys Lucky’s Market
Lucky’s Market Columbus, 2770 N. High St., has a new owner. Cleveland-based Dave’s Markets purchased the Columbus and Cleveland locations of the bankrupt grocery store chain for $1.72 million according to Supermarket News.
Founded in the 1920s, Dave’s Markets has a long history in the Cleveland area where it operates 13 stores. The sale is expected to be finalized today, Monday, March 30.
Boulder, Colorado-based Lucky’s announced in January 2020 it would close 32 of its 39 stores and filed for Chapter 11 bankruptcy protection. The seven remaining locations, including Columbus and Cleveland, were to be sold to Co-Founders Bo and Trish Sharon.
During an auction, Lucky’s sold 23 of its stores and its distribution center for approximately $29 million. The Sharons will now continue to operate two stores in Colorado, with only six locations remaining open across the country. Approximately 500 individuals will be made offers to continue their employment at the remaining stores.
Lucky’s Market Columbus originally opened in Clintonville in October 2013 and was the chain’s first out-of-state store.
For more information, visit luckysmarket.com.