Up to six Gordy’s Market stores — including locations in Chippewa Falls, Cornell, Chetek and Ladysmith — were pulled out of a Monday auction of Gordy’s assets in Milwaukee, according to a would-be bidder and confirmed by an attorney involved in the case.
Pat Shadick, owner of Shadick’s Price Rite grocery store in Bloomer, told the Herald Tuesday that six Gordy’s Market stores were pulled out of the sale, according to an attorney he had spoken to Friday. It is uncertain whether Gordy’s Lake Wissota location was part of the six stores held out of the auction.
Carla O. Andres, attorney for grocery distributor Nash Finch that spearheaded the initial $86 million lawsuit against Gordy’s, confirmed that six stores were not sold at Monday’s auction.
“That was something that was communicated to all the bidders on Friday,” Andres said.
As of the Chippewa County Courthouse’s closing time on Tuesday evening, no report of asset sale from the Monday auction had been filed.
Judge James Isaacson will review the sold assets in a hearing set for 10 a.m. Thursday morning in Chippewa County Court.
Andres declined to comment on an objection filed Monday by American Financial Network, or AFN. The objection argued that since AFN owned equipment and operated sub-leases at several Gordy’s locations, the assets could not legally be sold.
Receiver Michael Polsky and AFN attorney Brittany Ogden could not be reached for comment Tuesday.
Three more creditors have joined the lawsuit, according to court records: FASTSIGNS of Eau Claire, Rooney Printing of Chippewa Falls and an eyeglasses accessories merchandiser based in South Bend, Indiana.
Former Gordy’s employees have also filed claims in the past two weeks for various amounts; most employee plaintiffs are seeking recompense for accrued paid time off. The employee claims range from $300 to almost $2,000 each.
“It’s tough on the communities. I know that because we’re feeling it from the business we’re getting, from Chippewa, Cornell, Chetek,” Shadick said Tuesday. “They really don’t have a lot of other options.”
Court records show the Quillins, which operates grocery stores in La Crosse, has filed a notice in a case. It’s a possible indication of their interest in one of the Gordy’s stores.