To Market, To Market . . .
Fox, Obel, and Vulpes?
Vulpes, LLC, a group of locally based investors led by the food retail veteran Bill Bolton, has agreed to purchase Fox & Obel (401 E. Illinois St.; 312-410-7301), Chicago’s leading gourmet food shop. The name will not change, nor will the people involved, but according to Fox & Obel’s president and CEO, Keith Montague, the deal leverages F & O’s longtime plan: expansion. “For a long time we have wanted to build additional stores and go to other areas,” Montague told us. “River North, South Loop, North Shore: all tremendous areas. Naperville, Oak Park. We are a small company and don’t have the luxury of opening sites that won’t be successful, so we want to be careful to do it right.” The deal, whose financial terms were not made public, is scheduled to close…