Double 8 closes four remaining grocery stores

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Local grocer Double 8 Foods on Thursday closed its four remaining locations after nearly 60 years in business, the company announced on its website.

The stores were located at 3902 N. Illinois St., 555 Fairfield Ave., 2947 N. Sherman Drive and 2907 N. Dr. Martin Luther King St.

“It was a difficult and agonizing decision to make after operating for 58 years,” the company said in a statement. “Unfortunately, our declining revenues [were] too much of a challenge to overcome.”

The grocer opened in 1957 and was operated by Isaiah Kuperstein. It was founded by Zoltan Weisz, the great-uncle of Kuperstein’s wife, Elana, and changed from Seven-Eleven Supermarkets to Double 8 in 2000.

Local developer PK Partners in March bought the vacant building at the southeast corner of 46th Street and College Avenue that for decades housed a Double 8 Foods store. The developer hopes to attract a restaurant or retailer to the space.

Steve Delaney, a broker at Sitehawk Retail Real Estate, thinks at least one of the four locations that closed has value.  

“The one on 39th [and North Illinois] has some redevelopment possibilities because you’re within striking distance of Butler,” he said.
 

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In