December 26, 2014 8:04 AM ET

Food and Staples Retailing

Company Overview of Marsh Supermarkets, Inc.

Company Overview

Marsh Supermarkets, Inc. operates supermarkets and food retail markets in Indiana and Ohio. The company offers meats and cheeses; bakery products; seafood trays, shrimp rings, live lobsters, and salmon fillets; fresh fruits and vegetables; wines; bouquets, fresh arrangements, chocolates, and festive balloons; and gifts, including gift cards, gift baskets, and home made candies. The company also operates a chain of pharmacy stores. The company was founded in 1931 and is headquartered in Indianapolis, Indiana.

9800 Crosspoint Boulevard

Indianapolis, IN 46256

United States

Founded in 1931

5,200 Employees

Phone:

317-594-2100

Fax:

317-594-2705

Key Executives for Marsh Supermarkets, Inc.

Chairman
Age: 44
Chief Financial Officer
Chief Operating Officer
President - Crystal Food Services Division and Chief Operating Officer - Crystal Food Services Division
Age: 57
President and Chief Operating Officer of Supermarket Division
Age: 65
Compensation as of Fiscal Year 2014.

Marsh Supermarkets, Inc. Key Developments

Marsh Supermarkets Inc. to Close Eight Stores

Marsh Supermarkets Inc. announced that the closing of eight stores is part of a three-year plan to reposition Marsh Supermarkets for growth and profitability. The company will work with employees affected by the closures, and some may be placed in other positions within the company. If that is not possible, those employees will receive a severance package. The Franklin store, located in the Laynecrest Shopping Center on East Second Street, is the only Ohio store being shuttered; the other seven stores are in Indiana.

Marsh Supermarkets, Inc. Names Michele Pascoe as Chain's New Chief Financial Officer

Marsh Supermarkets, Inc. has named Michele Pascoe as the chain's new chief financial officer. Pascoe joins Marsh with more than 15 years of experience in providing financial and operational leadership to multi-unit retail organizations. Her most recent position was senior vice president and chief financial officer of Charming Shoppes/Fashion Bug, Bensalem, Pa. Michele is an senior executive who brings over 15 years of successful experience in finance to her new role.

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Recent Private Companies Transactions

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