The grocery store is back on your radar, thanks to the news of the week that a company is coming to town.
The chain, Kroger, will open a store in the historic downtown area next month.
It’s a big step for the struggling supermarket, which has struggled in recent years to keep up with its new competitors.
Its arrival will add to the growing number of restaurants and shops that are opening across the nation.
Kroger, founded in 1967 by an Indiana-born couple, operates more than 400 stores across the United States, Canada, Europe and Asia.
Its stock has soared since news of its planned store broke last month.
Its stock has more than doubled in the past year.
The Kroger store in downtown Chicago will have a small selection of organic produce, baked goods, meats, cheeses and other items for the first time in more than 50 years.
For a while, it seemed the store would be a big draw for shoppers looking to shop locally.
But Kroger’s move into the downtown will not only bring a grocery store closer to home, but it will also help the company attract new shoppers to its market.
“It’s very exciting,” said Tim Fassbender, president of Kroger Supply Chain.
“We are going to bring a level of localness to Kroger.”
The new store is expected to open in the fall of 2019.
Fassbender said Kroger is not aiming to compete with the likes of Costco and Safeway.
He said Krober’s stores are more family-oriented.
Instead, the store is going to focus on bringing shoppers the freshest produce, meat, seafood and dairy products.
“Our grocery store strategy is to focus our products on the consumer and we are going for that,” Fassbert said.
Some retailers have been planning to open grocery stores for years.
But the company said it’s still early days and it’s too early to say if the move will have an immediate impact.
There are a number of other retailers that have opened in recent months, including Trader Joe’s and Whole Foods.