Lucky's Market currently under Chapter 11 bankruptcy protection will sell twenty-three of their thirty-nine stores and a distribution center for approximately $29 million.  There were ten winning bidders including Publix supermarkets, Aldi, Southeastern Grocers, Schnuck's Markets and Dollar General.  Six stores in Colorado, Ohio, Michigan and Missouri will continue operation.  Co-founders of Lucky’s, Bo and Trish Sharon will acquire and run two locations hopefully not entitled “Winners Markets”.

Confirmation of the transactions will be subject to a hearing to confirm that the interests of creditors are protected.

The demise of Lucky's was due to the Kroger Company divesting its stake in the grocery chain acquired in April 2016. This self-serving business maneuver in Iran is generally referred to in Farsi as “pulling the rug.” Had Kroger worked to salvage the chain, employees would not have lost their jobs at a difficult time and the holding company would not be now facing a metastasis of competition. A predictable outcome of their action or inaction as the case may be.