Cub Executives Hope To Sell The Chain To One Buyer; Hy-Vee Said It's Not Interested
November 7, 2018 | 1 min to read
The ownership of Cub Foods may be up in the air, but its future is not, leaders of the Twin Cities’ biggest grocery store said.
“Cub will be Cub. We’re not closing them,” said Anne Dament, who leads Stillwater-based Cub as executive vice president of parent firm Supervalu Inc.
Cub went on the block after United Natural Foods Inc. purchased Supervalu, in a $3 billion deal that closed last month, and said it would sell Cub and the other grocery chains that provided about 30 percent of Supervalu’s revenue.
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