Mifroma - Turn your BBF's into best #FONDUE friends - Microwaveable cup ready to serve in 2 minutes - How do you fondue
Celebrity: Fall Entertaining Made Easy
UNFI Seeks Buyer for Cub Foods

UNFI Seeks Buyer for Cub Foods

Monday, November 5th, 2018

Will Cub Foods ever be awarded a rose from a potential suitor? The jury is currently out, and UNFI is putting out feelers on its hunt to find someone to snatch up the grocery chain. As we previously reported, UNFI completed its $2.9 billion acquisition of SuperValu at the end of October, but it has not yet solved a problem that plagued SuperValu for years. That problem, of course, is Cub Foods, which continues to go buyer-less.

Anne Dament, Executive Vice President, Retail, Marketing, and Private Brands, SuperValu, runs the Cub Foods Chain, and she told The Star Tribune that there were currently no plans to close Cub Foods, but that the grocery chain was hoping to find a single-buyer.

UNFI executives hope to find a single buyer for all Cub Foods stores

The Minneapolis/St.Paul Business Journal reported that Cub Foods may have better luck in the form of a local buyer looking to expand in the area. One such option would be Hy-Vee, which the news source reported has already taken over a Cub Foods location in Plymouth. However, Hy-Vee might not be interested.

Randy Edeker, Chairman, CEO, and President, Hy-Vee“We’re going to stay on a steady growth plan that’s manageable,” Hy-Vee CEO Randy Edeker told The Star Tribune.

So, what’s next for Cub Foods? Rumors surfaced in August that Kroger might be a potential buyer, with analysts citing the strategic value of such an acquisition. Whether or not Kroger will snatch up Cub Foods remains to be seen, and we here at Deli Market News will continue to report the latest.

UNFICub Foods

Mifroma - Turn your BBF's into best #FONDUE friends - Microwaveable cup ready to serve in 2 minutes - How do you fondueCelebrity: Fall Entertaining Made Easy

Have a new product, press release or story idea?

Let us know

In This Story

Since 1968, Cub has been bringing more to your table by providing the best grocery value. Better fresh. Better value.

UNFI is the leading independent national distributor of natural, organic and specialty foods and related products including nutritional supplements, personal care items and organic produce, in the...

WCMA to Award $15,000 in Student Scholarships in 2019 Supporting Cheesemaking’s Next Generation

Students interested in being considered for an award have until February 20 to submit an application.
View Press Release

KMS Installs PURON® PLUS Package System in Canada Featuring PULSION® MBR

The PURON® PLUS system provides a compact and turnkey wastewater treatment solution that is fully automated and provides consistent high-quality effluent for safe discharge or reuse.
View Press Release