On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary based out of Cincinnati and Generative Growth II is an entity of Ohio-based Fresh Encounter. A Marsh spokesperson issued this statement: “The Kroger and Fresh Encounter store transactions were conditionally approved in court today.” The remaining 18 unsold locations will close, the spokesperson said. Liquidation sales will begin Thursday and continue until stock runs out, most likely in early July.
Continue Reading →