Cub Foods, Inc.

Type	Subsidiary of SuperValu Inc.
Founded	1968 in Minneapolis/St. Paul
Headquarters	Stillwater, Minnesota
Industry	Retail
Products	Bakery, dairy, deli, frozen foods, grocery, meat, pharmacy, produce, seafood, snacks, liquor, most stores feature a TCF Bank or a Wells Fargo bank branch
Parent	SuperValu, Inc.
Website	www.cub.com

Cub Foods is a grocery store chain with eighty-four stores in Minnesota, Iowa, Illinois, Wisconsin, and Ohio.^[1] The company is a wholly owned subsidiary of Eden Prairie, Minnesota-based SuperValu. The store was famous for being "no frills; sack your own groceries..."

Contents 1 History 1.1 Beginnings 1.2 Effects from Albertsons merger 1.3 Former slogans 2 See also 3 References 4 External links

[edit] History

[edit] Beginnings

Cub Foods was founded by Minnesota-based Hooleys Supermarkets in 1968 in the riverside city of Stillwater by brothers, Charles and Jack Hooley, brother-in-law Robert Thueson, and Culver (Cub) Davis. The name "CUB" originally stood for Consumers United for Buying, and Cub Foods was one of the first total discount food stores in the United States.^[1] The chain was bought by Minnesota-based SuperValu in 1980 with five stores in the Twin Cities. After the purchase, the chain expanded to eighty-three stores, in three states. Up until 1999, WinCo Foods operated several Cub Foods stores. Cub Foods also operated 8 stores in Colorado up until 2003 when they sold most of their stores to Kroger. The chain also had locations in parts of the Southern United States, namely in the Atlanta and Nashville areas in the 1990s.

Cub Foods operated two stores in Columbus, Ohio until May 23, 1997 at which point both stores and its employees were acquired by Kroger. The only former Cub that remains as a Kroger is the store at Columbus Square.

Cub Foods also had a joint venture with a local grocer in the Dayton, Ohio market, which operated three stores under the Cub Foods banner. SuperValu sold off its share of the venture in 1995 although the three stores continue to use the Cub Foods name to this day under a franchise agreement with SuperValu.

Cub Foods is credited with many innovations such as the first grocery check out conveyor belt system.

[edit] Effects from Albertsons merger

As part of SuperValu's acquisition of Albertsons, including its Chicago-based Jewel-Osco stores, SuperValu divested its Chicago-area Cub Foods locations to an investment group headed by Cerberus Capital Management, to avoid market concentration issues. Since Cerberus took control, four locations (Algonquin, Bedford Park, 87th Street in Chicago, and Naperville) closed, and Cerberus then announced that it was selling the remaining Illinois stores to other operators.^[2] The last of the Chicagoland Cub Foods Stores closed on December 10, 2006. A majority of them were sold to Central Grocers Cooperative and are operated as Strack and Van Til and Ultra Foods by a wholly-owned unit of the cooperative, and as Garden Fresh Markets by one of its members;^[3] others were sold to Grand Mart International Foods.

As of June 2009, the only remaining Cub Foods stores in Illinois which are still owned by SuperValu are one store in Peoria (a second store in Midtown Plaza in Peoria closed in March 2009 after just six-and-a-half years of operation) and one store in Freeport.

[edit] Former slogans

(Incomplete List)

• "The Low Price Leader"
• "Great Food, Great Prices"
• "Save More, Get More"
• "I ♥ My Cub" (Made a brief return as a promotion for CUB's 40th birthday)
• "The Store Next door" ^[2]
• "Bring more to your table"
• "You Holiday List For Less" (2009 Holiday slogan for all Supervalu stores)
• "The People You Trust, The Store You Know" (Cub Pharmacy Slogan 2006-2009)
• "Helping hands are just around the corner" current Cub Pharmacy slogan

[edit] See also

• WinCo Foods

[edit] References

1. ^ ^{a b} "SuperValu:Cub Foods Corporate Banner". http://www.supervalu.com/sv-webapp/retail/banners/cub.jsp. 
2. ^ ^{a b} Chicago Tribune
3. ^ Holecek, ANDREA (2007). "Four Sterk's stores changing hands". NWITimes. http://www.nwitimes.com/articles/2007/02/17/business/business/doce3aee02516d00ef7862572850003f588.txt. 

[edit] External links

• Official Cub Foods site
• SuperValu Cub Foods Corporate Site

v • d • e SuperValu, Inc. Corporate Directors: Craig Herkert · Gary Ames  · Irwin Cohen  · Ronald E.Daly  · Lawrence A. Del Santo  · Susan E. Engel  · Philip L. Francis  · Edwin C. Gage  · Garnett L. Keith, Jr.  · Charles M. Lillis  · Kathi Seifert · Steven S. Rogers  · Wayne Sales Chains: Albertsons · Acme  · bigg's  · Bristol Farms  · Cub Foods  · Farm Fresh Food & Pharmacy  · The Market  · Hornbacher's  · Jewel · Lazy Acres  · Lucky · Osco & Sav-on Pharmacy  · Save-A-Lot  · Shaw's · Shop 'n Save  · Shoppers Food & Pharmacy  · Star Market  · Supervalu Pharmacies Supply Chains: Advantage Logistics · Total Logistic Control  · W. Newell & Company Stock Ticker: NYSE: SVU · Employees: 200,000  · Website: supervalu.com