May 1, 2023 - Business

Walmart is the new grocery king of the Twin Cities

Data: Chain Store Guide; Note: Stores under the same brand name have been combined, e.g. Walmart and Walmart Supercenter. Chart: Axios Visuals

Walmart has overtaken Target as the Twin Cities' largest grocer.

Driving the news: Chain Store Guide recently released its annual ranking of grocers based on market share in metro areas.

State of play: The 16-county Twin Cities metro remains one of the most competitive in the country as no one grocer dominates here.

  • In Tampa Bay, Publix accounts for a third of grocery sales, Walmart dominates New Orleans with 39% of the market share and Kroger has more than 30% market share in Indianapolis, Nashville, Detroit and Columbus.

Between the lines: Our local grocery store scene has become rather static.

  • Hy-Vee has pulled back on further expansion here, never threatening Cub Foods the way some thought it might when it entered the market in 2015.
  • Amazon had been planning to open several of its high-tech Fresh stores here, but those locations sit empty as the retailer rethinks its grocery strategy.
  • Local chains Lunds and Kowalski's have continued their steady growth here.
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