Chicago To Lose Seven Grocery Stores After Food Stamps Cuts– www.louderwithcrowder.com
News Source
EXCERPT:
Chicago is expected to lose at least seven grocery stores. This news comes after the city spent nearly $14 million to keep them there.
This was also announced just one day after the mayor claimed he grew the city economically more than any other mayor before him. Something is not adding up here.
The evidence proves otherwise.
Per Fox 11:
City officials are looking for ways to save them, but the deadline is just days away and it looks like those seven stores will close Saturday.
Let’s hope they keep this solution under $14 million.
The Save A Lot company said in a statement that dramatic cuts to SNAP benefits severely impacted these stores. The franchise owner, Yellow Banana, had other financial troubles and then suddenly, the CEO of the company died of a stroke.
A spokesperson for the company said the following:
“Unfortunately, these stores have continued to face significant challenges, including dramatic cuts to SNAP benefits which have severely impacted these stores. Compared to last year, the stores have experienced a 26% decline in SNAP/EBT tender types,” the spokesperson said.
