Safeway Sells Four Dominick's Stores

Safeway SWY announced today, 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, Inc., which operates Jewel-Osco grocery stores.  The four stores are: 1340 S. Canal Street, Chicago, IL 2550 N. Clybourn Avenue, Chicago, IL 14200 S. Bell Road (at 143rd), Homer Glen, IL 1340 Patriot Boulevard, Glenview, IL (Logo: http://photos.prnewswire.com/prnh/20130625/SF38175LOGO) During a short transition period, the stores will continue to operate under the Dominick's banner until Jewel-Osco can complete their 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. Safeway has decided to exit the Chicago market and focus its efforts in other operating areas where its business is stronger. See full press release