Supervalu to close Urban Fresh store in Chicago
Oct 27, 2009 (Datamonitor via COMTEX) --
Company: Supervalu, Inc. (SVU)
Jewel-Osco, a supermarket chain and a subsidiary of Supervalu, has announced that it will close its Urban Fresh store in Chicago on October 30, 2009.
According to the Chicago Tribune, the 16,000sqft Urban Fresh store was opened in September 2008 by Supervalu, and offers products such as ready-to-eat gourmet meals and organic produce. It has a wine and cheese shop as well.
Karen May, spokeswoman for Supervalu, said that 57 employees from the store will be shifted to other stores. Jewel-Osco will retain the land and will try to lease it to another company, reported Reuters.
Ms May said: "The company gathered a lot of key sales data and customer feedback and after gathering all of that the decision was made to close it."
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Company: Supervalu, Inc. (SVU)
Related terms: products, sales, wine
