Treasure Island Foods stores will close in less than two weeks, as the longtime family-owned Chicago company shuts down amid heavy competition for grocery shoppers’ business.
"Everything must go!" shouted one sign at the store at 680 N. Lake Shore Drive in the Gold Coast neighborhood. "Nothing held back!" read another. "All sales final." Many items were on sale, and signs near the checkout stand said, “Do not pay with checks.’’
Employees were notified that all their locations will be shuttered by Oct. 12, and a note to employees from Treasure Island CEO Maria Kamberos said, “we made the very difficult decision to wind down operations as a company.”
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