All Stories

Categories

BMTN Info

Powered by WordPress.com VIP

News

Today's Radio Headlines

November 24, 2014

Hy-Vee to open 2nd Twin Cities store in Oakdale

The grocery wars continue to swirl in the Twin Cities with an announcement Tuesday by West Des Moines, Iowa-based grocery chain Hy-Vee that it plans to build a second Hy-Vee store in the metro area, this one in Oakdale.

The company announced earlier this month it’s planning to build a new store in New Hope, The Minneapolis-St. Paul Business Journal reports.

Hy-Vee plans to submit initial building plans to Oakdale city officials next month.  An exact opening has not yet been scheduled, a press release says.

The new stores are part of the retailer’s plans to expand its presence in the Twin Cities metro area. Hy-Vee will add several stores per year over the next several years, according to the press release.

“We could not be more delighted that Hy-Vee is choosing Oakdale for one of its first metro stores. Hy-Vee will be a wonderful addition to our city for years to come,” Oakdale Mayor Carmen Sarrack said.

The Oakdale store will be built just off I-694, on the site of an outlet mall that was recently demolished and slated for redevelopment. Hy-Vee says the new store will employ about 450 people.

Hy-Vee already has 17 stores in Minnesota; most of them are located in the southern part of the state.

The company’s entry into the Twin Cities follows the recent exit by Roundy’s from the market, which has grown increasingly competitive in recent years as chains battle it out for price niches and customer dollars.

Until 2005, Cub, Rainbow and Lunds/Byerly’s were the top three Twin Cities-area grocers, the Pioneer Press reports. Now, SuperTarget is No. 2 behind Cub. Wal-Mart has taken No. 4, despite having not a single SuperCenter inside the Interstate 494/694 loop.

Read more about the grocery wars.