Cub Foods Madison Closing

If you have been to my Coupon Clipping 101 class -- you hear me talk about Cub Foods and how fun it is to use our expired coupons there!

Sadly, today they announced that they are closing -- both stores in Madison and that Sentry Metcalfe's is buying out the West Side location.

Here is the press release...
STILLWATER, MINN. November 7, 2011 — CUB FOODS, a leading Midwest food and pharmacy retailer, announced the company will close its two Madison area stores by mid-January. The company has signed a purchase agreement for one of the stores, located at 7455 Mineral Point Road, with Metcalfe’s Market, an independent retailer that currently owns and operates two stores in Madison and Wauwatosa, Wis.

The in-store Associated Bank branch in the Cub store at 4141 Nakoosa Trail has been notified of this change. The in-store Cub pharmacies will close within the next couple of weeks, although final plans are still being determined. As more information is known, it will be shared with patients.

Cub will work closely with the stores’ approximately 150 associates or their bargaining representatives as this change takes place.

The decision to close any store is difficult, because of the impact on associates, customers and the community at large. However, in a highly competitive marketplace, Cub must take steps to improve the strength of its company overall while positioning itself for the future.

The two Madison stores are closing after more than 25 years of operation, and Cub would like to thank the stores’ customers for their patronage.

About CUB

Cub FOODS provides consumers with the freshest produce, widest selection and greatest value available today. In addition to innovative natural, ethnic and certified organic food sections, Cub stores offer shoppers added conveniences, such as in-store pharmacy and banking. Cub Foods was established in 1968 as one of the nation’s first discount grocery stores. The organization was purchased in 1980 by SUPERVALU and currently operates 69 stores in Minnesota, Wisconsin, and Illinois.

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