Nothing Bearish About Cub Foods’ Growth
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
weaknesses?
Even though owned by Supervalu, Cub Foods has been fortunate
to have a large degree of autonomy in running its own affairs.
[George
Anderson – Moderator]
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