The Food Partners, LLC

Most stores to be taken over by other grocers

October 3, 2006
By Sandra Guy, Business Reporter

Cub Foods will exit the Chicago area market by early December, and the stores will be sold to Central Grocers Cooperative and Grand Mart International Market, a Korean family-owned grocer.

Among Central Grocers Cooperative’s members are Ultra, Garden Fresh Market and Strack & Van Til groceries.

The Cub stores will be closed while they are redone as a variety of discount groceries, fullservice supermarkets and Asian-themed grocery stores. They are expected to reopen early in the New Year. No financial terms of the sale were disclosed.

Download PDF of Press Release

Tags:  press release

SERVICE PROVIDED FOR: