- Lucky's will continue to operate seven of its locations, including its markets in Traverse City, MI; Cleveland, OH; Columbus, OH; Columbia, MO; Melbourne, FL; North Boulder and Fort Collins, CO. UPDATE 1/29: Lucky’s Enters Asset Purchase Agreement with Company’s Founders
- The company will voluntarily file for Chapter 11 protection to facilitate the sale of its remaining assets
- Lucky's has signed an Asset Purchase Agreement to sell six stores to ALDI (five leased store properties and one owned property), subject to court approval and an overbidding process. Lucky's said it has retained PJ Solomon to assist in the sales of these stores and other assets.
- UPDATE 1/28: Lucky's also has signed Asset Purchase Agreements with Publix Super Markets Inc. for five leased store properties, subject to court approval and an overbidding process.
- Lucky's still plans to cease operations in the 32 previously identified locations in the coming weeks and is currently running sales for its customers in those stores.
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