1983: Cub Foods makes Indy debut, triggers grocery price war

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Cub, an acronym for Consumers United for Buying, touted lower prices on more than 15 thousand brand name items.

INDIANAPOLIS — Kroger, Marsh and A & P: The Indianapolis grocery market was the place to be, which is exactly why Minnesota-based Cub Foods came to central Indiana 40 years ago.

Cub, an acronym for Consumers United for Buying, touted lower prices on more than 15,000 brand-name items. President and co-founder Charles Hooley explained how the retailer could cut prices by 20 to 30 percent to WRTV consumer reporter Barbara Boyd. “The volumes we buy and the procedure we use to buy, makes us cheaper,” Hooley said. “We ship straight to the store.”“The buys are fantastic.”But not everyone was happy. Picketers were on hand for the grand opening celebration at the chain’s Lafayette Road store. Signs asked shoppers to boycott Cub Foods because the retailer didn’t employ union members.

The supermarket competition proved too much for Cub Foods and the retailer left central Indiana in 2001.

 

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