The parent company
of Strack & Van Til--Central Grocers Inc., doing business as Centrella--is
looking to sell most of Strack’s 32 stores in Indiana and Illinois.
Inc. is working with legal and financial advisors toward implementing a sale
of a majority of the Strack & Van Til stores as going concerns,” Strack &
Van Til announced in a statement released on Tuesday.
“These 22 stores
are expected to continue to operate and serve their communities on an
ongoing basis,” Strack & Van Til added.
did not specify which 22 stores are on the block or whether the Chesterton
location is one of them.
“As we move forward
with this sale process, we are as committed as ever to providing our
customers the highest-quality products and services and are working hard to
make sure our customers are completely satisfied,” Strack & Van Till
President and CEO Jeff Strack said.
third-generation member of the company’s founding family, and a proud member
of the Northwest Indiana community, I want to assure our customers and
neighbors that we take pride in the responsibility we have to the
communities we serve and live in,” Strack noted. “We thank our loyal
customers for their ongoing support, and also thank our employees for their
continued hard work and dedication.”
As part of the sale
process, Strack & Van Til has begun closing nine underperforming Ultra Foods
stores, two of them in Indiana and seven in Illinois. “We appreciate the
great impact a store closure has on associates, customers, vendors, and the
community, and our team is committed to minimizing that impact in every way
we can,” Strack said.
Strack & Van Til
currently operates 32 stores in Indiana and Illinois operating under the
banner names of Strack & Van Til, Ultra Foods, and Town & Country Market.
Inc. is a retail cooperative--the seventh largest in the country--which
supplies some 400 independent supermarkets in the Chicagoland area.
According to its website, the co-op is “owned and democratically controlled”
by its members, that is, by the supermarkets which use its services and
purchase its goods. Central Grocers put its annual sales at $2 billion. The
name of the prospective buyer of the Strack & Van Til stores has not been
In December 2012,
Strack & Van Til purchased eight groceries owned by WiseWay Supermarkets,
including WiseWay’s Chesterton location, at 1600 Pioneer Trail. Strack & Van
Til immediately undertook a major remodeling of the former WiseWay, which
opened in February 2005. That 60,000-square foot grocery nearly tripled the
space of the old WiseWay grocery--formerly Costas Foods--located at Broadway
and South Eighth Street.