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Chicago is losing its expensive Treasure Island grocery stores. (AP Photo / Mr. Spencer Green)
Treasure Island grocery stores have been part of Chicago's commercial landscape for 55 years. But in less than two weeks, they will disappear.
The family chain surprised buyers Sunday by posting posters in store windows, stating that it would shut down on Oct. 12. Sales at the closing of the business are expected to begin Monday.
the Chicago Tribune reported that Treasure Island had informed its employees that the closure was imminent. In a note to employees, Maria Kamberos, CEO of Treasure Island, said the family had made the "very difficult decision to cease operations" of the six stores.
They extend from Hyde Park on the south side of Chicago up to the Gold Coast and the Old Town, up to Wilmette in the northern suburbs.
"We have done everything in our power to try to put the company on solid ground to try to function for another 55 years," said Kamberos, according to the memo addressed to employees. "Unfortunately, given the current conditions of the sector, it has been impossible for us to continue operating without losing money."
Treasure Island was founded in 1963 by Christ Kamberos Sr. and his brother Frank. Maria Kamberos is the first wife of Christ Kambero. He died in 2009.
the tribune Treasure Island employees were called to meetings Friday to hear the news, which was then passed on to store managers, caisse employees, storekeepers and other workers.
For Chicago, Treasure Island is the second known hotel chain to disappear in five years. In 2014, Dominick's closed its stores throughout the region.
Newcomers, such as Plum Market and Mariano's Fresh Market, have settled to compete with Whole Foods and Trader Joe's, which are located throughout the city.
But Treasure Island has a special place in the hearts of many of its customers. The closest equivalents are the Rouse markets in New Orleans, D'Agostino in New York, Giant Foods in Washington DC and Busch in the suburbs of Detroit.
Julia Child has already called this chain "the most European supermarket in the United States". Treasure Island was a high-end establishment with a local approach, long before similar commercial trends swept through the country.
In a city that enjoys its adult beverages, the stores offered numerous sections of beer, wine and liquor, as well as generous free samples that guests could sip as they roamed the aisles.
Before roasters and coffee shops found themselves in every block, Treasure Island had sprawling coffee sections, housing local brands like Stewart's Private Blend, with its distinctive plaid cans.
Stores included bakery shelves, on-site butcher shops, flower selections, and many imported and domestic foods that could not be found, such as hearty black pumpernickel bread.
My only reliable source of Marmite! Oh no! https://t.co/AhZrUWkuBx
– Peter Sagal (@petersagal) September 30, 2018
The closing of Treasure Island comes as the national grocery sector has been hit hard by changes in consumer buying habits.
Across the country, buyers have turned to broadcast applications, some run by technology companies such as Instacart and Shipt, and others by the channels themselves.
Meanwhile, grocery stores are offering their own shopping services, while meal kit companies are invading grocery stores, hoping to attract customers to deli counters and salads.
At the same time, some cities have small specialty markets that some customers prefer to larger players. These include Green Grocer in Chicago, Simone's Market in New Orleans, Dorothy Lane in Dayton, Ohio, and Bi-Rite in San Francisco.
Now, with so many choices, some customers say they know that the future of Treasure Island is uncertain.
"When Whole Foods opened on the street, I felt it might be closing," client Julienne Mallory told WGN-TV.
On Sunday night, the Treasure Island website still contained a long list of vacancies. But now he will not fill any.
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Chicago is losing its expensive Treasure Island grocery stores. (AP Photo / Mr. Spencer Green)
Treasure Island grocery stores have been part of Chicago's commercial landscape for 55 years. But in less than two weeks, they will disappear.
The family chain surprised buyers Sunday by posting posters in store windows, stating that it would shut down on Oct. 12. Sales at the closing of the business are expected to begin Monday.
the Chicago Tribune reported that Treasure Island had informed its employees that the closure was imminent. In a note to employees, Maria Kamberos, CEO of Treasure Island, said the family had made the "very difficult decision to cease operations" of the six stores.
They extend from Hyde Park on the south side of Chicago up to the Gold Coast and the Old Town, up to Wilmette in the northern suburbs.
"We have done everything in our power to try to put the company on solid ground to try to function for another 55 years," said Kamberos, according to the memo addressed to employees. "Unfortunately, given the current conditions of the sector, it has been impossible for us to continue operating without losing money."
Treasure Island was founded in 1963 by Christ Kamberos Sr. and his brother Frank. Maria Kamberos is the first wife of Christ Kambero. He died in 2009.
the tribune Treasure Island employees were called to meetings Friday to hear the news, which was then passed on to store managers, caisse employees, storekeepers and other workers.
For Chicago, Treasure Island is the second known hotel chain to disappear in five years. In 2014, Dominick's closed its stores throughout the region.
Newcomers, such as Plum Market and Mariano's Fresh Market, have settled to compete with Whole Foods and Trader Joe's, which are located throughout the city.
But Treasure Island has a special place in the hearts of many of its customers. The closest equivalents are the Rouse markets in New Orleans, D'Agostino in New York, Giant Foods in Washington DC and Busch in the suburbs of Detroit.
Julia Child has already called this chain "the most European supermarket in the United States". Treasure Island was a high-end establishment with a local approach, long before similar commercial trends swept through the country.
In a city that enjoys its adult beverages, the stores offered numerous sections of beer, wine and liquor, as well as generous free samples that guests could sip as they roamed the aisles.
Before roasters and coffee shops found themselves in every block, Treasure Island had sprawling coffee sections, housing local brands like Stewart's Private Blend, with its distinctive plaid cans.
Stores included bakery shelves, on-site butcher shops, flower selections, and many imported and domestic foods that could not be found, such as hearty black pumpernickel bread.
My only reliable source of Marmite! Oh no! https://t.co/AhZrUWkuBx
– Peter Sagal (@petersagal) September 30, 2018
The closing of Treasure Island comes as the national grocery sector has been hit hard by changes in consumer buying habits.
Across the country, buyers have turned to broadcast applications, some run by technology companies such as Instacart and Shipt, and others by the channels themselves.
Meanwhile, grocery stores are offering their own shopping services, while meal kit companies are invading grocery stores, hoping to attract customers to deli counters and salads.
At the same time, some cities have small specialty markets that some customers prefer to larger players. These include Green Grocer in Chicago, Simone's Market in New Orleans, Dorothy Lane in Dayton, Ohio, and Bi-Rite in San Francisco.
Now, with so many choices, some customers say they know that the future of Treasure Island is uncertain.
"When Whole Foods opened on the street, I felt it might be closing," client Julienne Mallory told WGN-TV.
On Sunday night, the Treasure Island website still contained a long list of vacancies. But now he will not fill any.
