Filing for Chapter 11 bankruptcy should not affect local Eagle Food Centers as of yet.

The company filed for bankruptcy on Monday at the U.S. Bankruptcy Court for the Northern District of Illinois in Chicago in order to “effectuate its restructuring initiatives and provide sufficient liquidity to continue to operate its business,” according to a press release.

Anita-Marie Hill Laurie, a representative from Eagle Foods, said other retailers that are able to offer lower prices and lower labor costs had an impact on Eagle Food’s sales.

She also said that at this point, there are no plans to close down any stores.

The company, for now, is “exploring sale alternatives,” she said.

“Our shelves will continue to be stocked, and our customers will continue to get the great customer service that they always have,” Hill Laurie said.

A positive note Hill Laurie pointed out was that the chain received $40 million in DIP financing, which is a special bank loan for businesses in debt.

According to the press release, the DIP financing will provide continued funding of obligations to employees and suppliers, as well as day-to-day operations of the company.

The company will continue to negotiate with representatives of its employee labor unions and honor existing agreements, according to the press release.

The representatives of the two DeKalb stores declined to comment and referred all calls to their corporate office.