May 1, 2023 - Business
Walmart is the new grocery king of the Twin Cities
Add Axios as your preferred source to
see more of our stories on Google.
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.