New Albertson’s has acquired five Dominick’s locations and appointed Shane Sampson, currently president of the company’s Boston-based Shaw’s Division, as president of the Jewel-Osco division based in Chicago.
Suitors for the remainder of Safeway's Dominick's stores in Chicago, which are now shuttering their doors, are beginning to come forward, according to a report published Saturday in the Chicago Sun-Times.
The purchase of as many as 10 Dominick's stores may be under consideration by independent grocery chains affiliated with the Centrella cooperative, Crain's Chicago Business reported Thursday, citing sources close to the deal.
Safeway on Thursday announced, as part of its plan to exit the Chicago market, it has sold four of its Dominick's stores in the greater Chicago area to New Albertsons, which operates Jewel-Osco grocery stores.
Safeway on Thursday evening may have posted what analysts have described as disappointing earnings, but that's not stopping Wall Street from recognizing the value Safeway is unlocking with its exit from a pair of markets — Chicago and Canada.
Safeway announced that its stores raised $1 million for the Wounded Warrior Project, an organization that exists to honor and empower military men and women who incurred service-related injuries on or after Sept. 11, 2001.