Lucky’s Market has completed its initial bankruptcy auction and, pending the final sale hearing, plans to sell 23 stores and its Florida distribution center to retailers including Southeastern Grocers, Schnuck Markets and Dollar General, among others, for roughly $29 million.

The company announced in January that it would close 32 of its 39 stores, and shortly afterward it filed for Chapter 11 bankruptcy. Publix and Aldi were both early buyers of five and six locations, respectively. Publix agreed to purchase five leased stores for $11.5 million, and Aldi agreed to buy one owned property and five leased stores for $7.8 million.

The other companies that are set to acquire former Lucky’s locations in the bankruptcy auction are:

  • Southeastern Grocers: Four leased stores, $2.4 million. Locations: Gainesville, Fla., Melbourne, Fla., Fort Meyers, Fla. and Lake Mary, Fla.
  • Dave’s Market: Two leased stores, $1.72 million. Locations: Cleveland and Columbus, Ohio.
  • Seabra’s Market: one leased store, $1.25 million. Location: Hunter’s Creek, Fla.
  • LM Acquisition Co./Lucky’s Market founder Bo Sharon: two leased stores, $1.16 million. Locations: North Boulder, Colo., and Fort Collins, Colo.
  • Dollar General: Orlando, Fla., distribution center, $1 million.
  • Schnuck Markets: one leased store, $860,000. Location: Columbia, Mo.
  • Oryana Food Cooperative: one leased store, $860,000. Location: Traverse City, Mich.
  • Hitchcock’s Market; one leased store, $275,000. Location: St. Petersburg, Fla.

Two more locations may be subject to a later auction: one leased store in Bonita Springs, Fla., and owned property in Panama City, Fla.

Six stores will continue to operate as a going concern: North Boulder, Colo., Fort Collins, Colo., Cleveland, Columbus, Ohio, Traverse City, Mich., and Columbia, Mo.

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