A PYMNTS Company

US: Chicago market stirs over supermarket sale

By  |  October 13, 2013

Even before retail chain Safeway announced plans to sell off its remaining 72 Dominick’s supermarket locations in Chicago, reports say grocery rivals were already considering buyouts of the sites.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Safeway announced earlier this month that after 15 years of business in Chicago, it would leave the market. Competitors including Kroger Inc. and Roundy’s Inc. are reportedly interested in acquiring the Dominick’s stores.

    Sources say Jewel-Osco acquired four Dominick’s locations last week and may be in the market for another 10.

    Potential buyers, however, were unavailable for comment.

    According to reports, while a quick sale may lessen the blow to local stores, no deals have been guaranteed to see all Dominick’s stores snatched-up.

    Full Content: Chicago Business

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.