Now that Supervalu is unloading its national discount chain Save-A-Lot, could Cub Foods and the company’s other four regional chains be next?
The answer is murky.
On the one hand, Cub and the rest of Supervalu’s conventional supermarkets have long been fighting a losing market-share battle, so the company could dump them if the price was right. On the other, Cub and its brethren are important outlets for Supervalu’s wholesale grocery business.
Whatever the outcome, Supervalu’s once-mighty retail presence — it was the third largest U.S. supermarket operator just four years ago — is down to about 200 stores, the largest collection of which is in Minnesota. There are more than 80 Cub outlets, including 30 franchised locations, mostly in the Twin Cities.
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