retail news in context, analysis with attitude

• The Chicago Tribune reports that Supervalu-owned Jewel-Osco there will close three stores by April 15, in Chicago, Aurora, and Niles.

According to the story, "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'."
KC's View: