I think that their major problem was timing. When they opened, the neighborhood was not nearly developed as it is now.
The produce, when they first opened, was spectacular. Advertising new management three times in less than two years was the beginning of their downfall. In the end, their produce was limited and often rotting...
Dominicks opening on Halstead really hurt their business and the opening of Gourmet 47 was the nail in the coffin.
http://www.gourmet47.com/
Authorized time shifting let the genie out of the bottle....