Jewel-Osco plans to close three stores by April 5, the company has confirmed.
According to a company spokeswoman, Jewel has decided not to renew the leases of its stores at at 1270 N. Lake St., Aurora, which will close Feb.15., and at 8203 W. Golf Rd. in Niles, and 3940 E. 106th St., Chicago, which will both close April 5.
Some 300 employees will be affected, but they will have the opportunity to transfer to other locations, the spokeswoman said.
The decision comes weeks after Jewel parent Eden Prairie-based Supervalu said that it will sell the chain and four others including Albertsons to Cerberus Capital Management. The deal is scheduled to close this spring.
In an internal memo obtained by the Tribune, Jewel President Brian Huff told employees that "this decision was necessary to ensure our continued strength in challenging times," and "is not a result of or related to the recent transaction between Cerberus Capital Management and Supervalu."
eyork@tribune.com | Twitter: @emilyyork
Jewel to close 3 stores -- in Chicago, Aurora, Niles
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Jewel to close 3 stores -- in Chicago, Aurora, Niles
