Staying Informed

Analysts Wary Of Roundy's Decision To Purchase 11 Safeway Stores In Chicago

Safeway and Supervalu failed to flourish in the Chicago market, so stock analysts are undecided about the decision by Roundy’s to purchase 11 Safeway stores in metro Chicago. Roundy’s paid $36 million for the Chicago stores, which operated under the name Dominick’s. The stores will re-open under the Roundy’s banner of Mariano’s, with the first scheduled to open Feb. 18.

 

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