Business & Tech
Palos Heights Jewel-Osco Store Could Be Divested Ahead Of Merger
Palos Heights Jewel-Osco store is on a list of 35 Illinois stores that could be sold if merger between Kroger and Albertsons goes through.
PALOS HEIGHTS, IL — Palos Heights could lose its Jewel-Osco supermarket after landing on a list of 35 Illinois Jewel and Mariano’s stores to be divested ahead of a proposed merger between grocery chain giants Kroger’s and Albertsons.
Kroger Co. and Albertsons Cos, the parent companies of Mariano's Fresh Markets and Jewel-Osco, respectively, announced their $24.6 billion merger in October 2022, and both agreed to sell stores and other facilities to C&S Wholesale Grocers.
>>> 35 IL Jewel, Mariano's Stores To Be Divested Ahead Of Merger
Find out what's happening in Palosfor free with the latest updates from Patch.
The New Hampshire-based C&S Wholesale Grocers, whose subsidiaries include Piggly Wiggly, will purchase the stores as part of the merger agreement. Kroger and Albertsons will sell almost 600 stores and other facilities across the United States. Together, they currently operate almost 5,000 stores throughout the country.
Local Jewel-Osco stores to be sold to C&S if the deal goes through include 12001 S. Pulaski Road, Alsip, and 12803 S. Harlem Ave., Palos Heights.
Find out what's happening in Palosfor free with the latest updates from Patch.
Kroger and Albertsons shared the list of closures ahead of a trial in August that is expected to determine the deal's outcome, according to a report from Crain's Chicago Business. The divestiture comes after the Federal Trade Commission previously blocked the deal.
Patch editor Emily Rosca contributed to this report.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.