10-16-2013 07:05 PM

Is Kroger planning to buy Dominicks' Chicago stores?


Kroger is the leading candidate to buy most or all of the 68 Dominick’s stores that are now up for sale in Chicago.




Kroger Co. might be targeting Chicago for its next expansion before it’s even completed its most recent deal.
Kroger is the leading candidate to buy most or all of the 68 Dominick’s stores that are now up for sale there, according to two analysts based in Chicago. That move, if it took place, would get Kroger into a huge market where it doesn’t have stores now.
Parent company Safeway Inc. said Oct. 10 it’s selling its Dominick’s supermarkets in the Chicago area. Safeway, based near San Francisco, said it decided to exit the Chicago market so it could focus its efforts in other areas where its business is stronger.
Continue reading the full story by Steve Watkins at the Cincinnati Business Courier.
Watkins covers banking and finance, insurance and sports business


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