About Jewel Osco, Inc.

Jewel-Osco operates about 185 combination food-and-drug stores mostly in Illinois, but also in Indiana, and Iowa. The regional chain is the largest seller of groceries in Chicago, with more than 30 stores there and a 30% share of the market. The company also runs about 30 fuel centers. Started as the Jewel Tea Company in 1899 and long accustomed to being #1 in a two-company market, Jewel-Osco is fighting to stay on top of an increasingly crowded Chicago grocery scene. Jewel-Osco is owned by an investor group led by Cerberus Capital Management , which acquired the grocery chain from SUPERVALU in 2013.

Geographic Reach

Itasca, Illinois-based Jewel-Osco operates about 185 supermarkets. The vast majority are in Illinois, with a handful in Indiana and a single store in Iowa.

Strategy

The chain's new owner is investing about $100 million in new projects and remodels for Jewel-Osco in 2014. The company has purchased nine old Dominick's locations. Jewel-Osco also completed 18 remodels of its own stores in December 2013 and has more than 25 remodels planned for 2014. While there's no shortage of challengers for Jewel-Osco's top spot in Chicago, the company got a break of sorts with the demise of rival Dominick's Finer Foods . (Dominick's owner Safeway has exited the Chicago market with the sale and closure of its Dominick's stores there.) Other grocery chains capitalizing on the demise of Dominick's include Chicago newcomer Roundys , which will reopen a dozen stores it purchased under its new Mariano's banner. Chicago has become an magnet for grocery companies looking to expand. Relative newcomers include Wal-Mart Stores, which has announced plans to open several dozen of its supercenters in the area through 2015, and Roundys. Grocery-and-general-merchandise-giant Meijer is also very active in and around Chicago, as is Whole Foods .

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Jewel Osco, Inc.

150 E Pierce Rd Ste 200
Itasca, IL 60143-1224
Phone: 1 (630) 551-2672

Stats

  • Employer Type: Business Segment
  • Assistant Sales Manager Seafood: Scott Antor
  • Executive Administrative Assistant Merchandising Marketing Operations: Nancy Franciose
  • Employees: 30,000

Major Office Locations

  • Itasca, IL