NORTHBROOK, Ill.--()--After 65 years in business, store closing sales will begin Friday, November 2, at all ten Johnnie’s Foodmaster supermarkets. The closing stores are located in Arlington, Brookline, Charlestown, Lynn, Medford, Melrose, Somerville, South Weymouth and Whitman.
“Our selection by Foodmaster to conduct this store closing event is yet another gratifying acknowledgment of Hilco’s unsurpassed, industry leading expertise in the supermarket sector.”
Compelling discounts of up to 30 percent will be offered on all food and beverages, household products and general merchandise. There will be no discount exceptions or exclusions, as prices will be reduced on absolutely all merchandise. All stores are extremely well stocked with meat, dairy, produce, bakery, snacks, beverages and other grocery items. In addition, shoppers will save on all paper goods and household cleaning products. The significant discounts are expected to generate tremendous customer response to a sale which will end very quickly. Consumers are urged to shop early in order to take advantage of the best selection.
Michael Keefe, Chief Executive Officer of Hilco Merchant Resources, stated, “Our selection by Foodmaster to conduct this store closing event is yet another gratifying acknowledgment of Hilco’s unsurpassed, industry leading expertise in the supermarket sector.”
About Hilco Merchant Resources, LLC
Based in Northbrook, IL, Hilco Merchant Resources (www.hilcomerchantresources.com) provides high-yield analytical, operational, asset monetization, capital investment and advisory services to help retailers define and execute their strategic initiatives. Activities fall into seven principal categories: acquisition of disposition of duplicative or underperforming stores; retail company or division wind downs, event sales to convert unwanted assets into working capital; facilitation of mergers and acquisitions; interim company, division or store management; loss prevention; and, monetization of furniture, fixtures and equipment. Over the years, Hilco principals have disposed of assets valued in excess of $150 billion. Hilco Merchant Resources is part of the Hilco organization, a provider of asset valuation, acquisition, disposition and advisory services to an international marketplace through twenty specialized business units. Also headquartered in Northbrook, IL, Hilco maintains offices in major business centers throughout North America and Europe. For more information please visit: (www.hilcotrading.com).
NOTE TO EDITORS: STORE LOCATION LIST FOLLOWS
|JOHNNIE’S FOODMASTER MARKETS|
|471 Salem Street||Medford||MA||02155|
|105 Alewife Brook Parkway||Somerville||MA||02143|
|Bunker Hill Mall||Charlestown||MA||02129|
|808 Massachusetts Avenue||Arlington||MA||02174|
|880 Main Street||Melrose||MA||02176|
|35 Pleasant Street||South Weymouth||MA||02190|
|688 Bedford Street||Whitman||MA||02382|
|50 Boston Street||Lynn||MA||01902|
|1026-1028 Beacon Street||Brookline||MA||02446|
|45 Beacon Street||Somerville||MA||02143|