Supervalu to close 60 stores - My50 Chicago - Television - WPWR

Supervalu to close 60 stores

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CHICAGO (FOX 32 News) -

The parent company of Jewel Osco is closing 60 grocery stores, including the Jewel Osco in Michigan City.

Supervalu says it is trying to keep pace with Kroger and Wal-mart and the company plans to close the underperforming stores by December.

There's no word on whether any other Jewel Osco stores are on the list.

Supervalu says it hopes to raise up to ninety million dollars by selling the closed store sites.

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