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Safeway leaving Chicago, announces sale of four Dominick's stores

Safeway Inc. has decided to exit the Chicago market and focus its efforts in other operating areas where its business is stronger. Part of the plan includes the sale of four of its Chicago-area Dominick's stores to New Albertsons Inc., which operates Jewel-Osco grocery stores.

During a short transition period, the stores will continue to operate under the Dominick's banner until Jewel-Osco can complete its conversion to Jewel-Osco stores.

Dominick's will be working with Jewel-Osco and the unions to ease the transition for store employees, and to facilitate continued employment for as many of them as possible.

The four stores are located at 1340 S. Canal Street, Chicago; 2550 N. Clybourn Avenue, Chicago; 14200 S. Bell Road (at 143rd), Homer Glen, IL; and 1340 Patriot Boulevard, Glenview, IL.

Safeway Inc. operates 1,406 stores in the United States and had annual sales of $38 billion in 2012.