Marsh Supermarkets

Do you remember this story? Don't tell me.

I asked a, she was working at Marsh Supermarkets.

They're no longer around.

They're like a Kroger or something like that.

It's also worth considering that it really doesn't matter exactly how this value is created.

For every miraculous Yahoo turnaround story, there's a Marsh supermarkets.

At no point did Marsh reach the size or level of national ubiquity as Yahoo.

If you aren't from Indiana or Western Ohio, you've likely never heard of Marsh supermarkets.

Yet, while confined to just two states, Marsh supermarkets and its private equity takeover exemplifies a pattern that spans all 50.

The first Marsh opened here, a small local grocer catering to specific local needs in Muncie, Indiana in 1931.

The simple concept took.

By 1952, there was a Marsh distribution center in Yorktown, Indiana, and by 1956, the store was expanding into Ohio.

People are crazy about groceries.

So anyway, Marsh Supermarkets, a regional chain in Ohio and Indiana, volunteered its store in Troy, Ohio.

At about one minute past eight in the morning on the 26th of June, 1974, a 10-pack of Wrigley's Juicy Fruit Gum went across the scanner and rang up at 67 cents.

The person buying it was Marsh's own head of research and development, and he picked the gum on purpose to show that a barcode could be printed on something that small and still be read.