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The Milwaukee Journal Sentinel reports that four Festival Foods in that city will close in the next 14 days, on top of a single Festival store that already has been shuttered. Some 250 jobs are being eliminated.

The units are being closed because of what ownership called 'insufficient working capital." They have been open for less than a year, taking the place of former Rainbow Foods stores.

The supermarkets are owned by three separate investor groups, which are looking for buyers for the locations.
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