Hanover Park Ultra Foods to close
Ultra Foods in Hanover Park is expected to close by the end of July, costing 111 workers their jobs, according to a state layoff report.
Highland Inc.-based SVT LLC, parent of the Ultra grocery store chain, said the store at 7580 Barrington Road would close due to poor performance resulting from stiff competition and a "difficult economic environment."
"This is difficult news to deliver but I want to assure you that decisions like these are made only after very careful evaluation and extensive deliberation," SVT President Dave Wilkinson said in a statement last month. "This represents the first time in our 53-year history we have closed a store due to poor performance."
Wilkinson was unavailable for further comment Monday.
Discount grocery chain Ultra has 14 stores in the Chicago area and in Indiana, including in Wheaton, Lombard and Downers Grove. A new store opened last month in South Suburban Crestwood.
SVT also owns and operates Strack & Van Til grocery stores in the Chicago area and in Indiana.
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