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Business Brief: Jewel Express Station Sold to Circle K

Jewel is working on a deal to keep providing discounted gas for its grocery store shoppers.

gas stations in the Chicago market, including the one off Nelson Road in New Lenox, were sold last month to the company that owns Circle K, according to a news release from the company. 

The deal was made between Jewel Express owner SuperValu Inc., based in Minnesota, and the Canadian Alimentation Couche-Tard/Circle K company.

SuperValu acquired the Jewel/Osco food-drug store chain in 2006, when the company took over and broke up Jewel's parent company, Albertson's. When the Jewel Express sale is finalized this fall, it's anticipated the stores will be converted to Circle K stations.

According to SuperValue, the sale of the gas stations was done to "raise money to strengthen other parts of its core grocery business."

But how will that impact drivers who get discounted gas using their Jewel Preferred Card? An employee at Jewel in New Lenox said the two companies are working on a program that would continue giving discounts to Jewel shoppers.

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