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Jet Foods grocery store planned for northwest Rockford now in limbo rrstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rrstar.com Daily Mail and Mail on Sunday newspapers.
Posted1/14/2021 5:30 AM Jet Foods, a new independent grocer developed by a familiar name in the suburban supermarket business, is preparing to launch its first store in Carol Stream by the end of the month. John Everest Thomas, CEO of Chicago-based parent company Freedom Development Group, is starting the chain with Nat Caputo, who operated the shuttered Joe Caputo & Sons stores.
Thomas Jet stands for his initials and Caputo are charting ambitious expansion plans. A Park Forest store is slated to open six weeks after the Carol Stream debut. They re also eyeing additional stores in Rockford and south suburban Harvey, hoping to eventually expand to Indiana and Minneapolis. ....
Officials are negotiating a proposal for a low-interest, $1 million loan to bring a Jet Foods grocery store to a former west side Hilander location. ....