Nothing Bearish About Cub Foods’ Growth

Aug 27, 2003
George Anderson

By George Anderson

The Pioneer Press reports Cub Foods will open six new stores in the Minneapolis/St.
Paul area by 2005.

The new locations will bring Cub Foods’ total to 50 stores. The retail subsidiary
of Supervalu is the largest grocer in the Twin Cities area with approximately
40 percent of the market, according to the University of Minnesota’s Retail
Food Industry Center.

The area’s second largest grocery operator, Rainbow Foods, was recently purchased
by Roundy’s.

Moderator’s Comment: What are Cub Foods strengths and

Even though owned by Supervalu, Cub Foods has been fortunate
to have a large degree of autonomy in running its own affairs.

Anderson – Moderator

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