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Friday, March 27, 2020

Dave's Markets Buys Cleveland and Columbus Lucky's Market Locations

Posted By on Fri, Mar 27, 2020 at 2:28 PM

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While Lucky's Markets filed for bankruptcy and the majority of its stores earlier this year, the Cleveland location remained open.

This week, it got a new owner.

Dave's Markets bought that store and the Columbus-area Lucky's Market at auction for a total of $1.25 million.

The sale will be finalized next week.

"The Saltzman family is excited to announce the forthcoming acquisition of the Lucky’s Markets locations in Cleveland and Columbus. With long time roots in the city of Cleveland and as proud Buckeye alumni, the family has strong Ohio ties. The Saltzman’s are looking forward to retaining the store team members and continuing to provide the Lucky’s shopping experience," Dave's said in a statement.

About 500 employees work at the six locations sold at auction; they will be offered jobs, according to today's announcement. 

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