Chicago, Illinois-area grocer Treasure Island Foods Inc. is in the process of relocating its Clybourn Avenue grocery store. The old store closed on Sept. 10, and the new store’s location will be announced in the coming months.
Palmarium Retail Management Group, which manages the Clybourn store property, plans to announce a new tenant for the old space, “which will bring added value to the community,” in the near future.
“The decision to close the store was not an easy one and was made after long deliberation and for the good of the entire organization. We understand that this decision has implications for both our employees and the neighborhood. In an effort to retain as many Treasure Island Foods’ team members as possible, we offered continued employment to nearly every employee with the option of transferring to one of our other store locations,” said Treasure Island Foods President Christ N. Kamberos Jr.
Treasure Island Foods continues to expand its operations through Palmarium Retail as well as strategic partnerships with outside developers. The grocery chain has served numerous communities across Chicagoland since 1963. Including the Clybourn store, the retailer operates seven stores across Chicago and in Wilmette.