More than 200 grocery workers will lose their jobs and the city of Baxter, Minn., will lose its only Cub store under a tentative acquisition deal announced Tuesday.
Miner’s Inc., the Hermantown, Minn.-based parent company of Super One Foods, plans to buy S&R Quisberg Inc.’s Cub and SuperValu locations in Brainerd, Baxter and Pequot Lakes, Minn. The Baxter Cub would permanently close in September if the deal goes through.
The Quisberg family, which has operated in the region since 1985, cited retirement as the reason for the sale.
“As a family-owned regional retail grocery company, Miner’s is best positioned to serve our customers and the community,” Chris Quisberg, president of S&R Quisberg, said in a news release. “We also believe that the Miner’s organization is a good fit for our employees.”
Under the deal, the Brainerd Cub and Pequot Lakes SuperValu will be rebranded as Super One Foods. Miner’s said those stores will also undergo remodels and pricing changes.
About 235 impacted Quisberg employees will be able to interview for jobs at Super One Foods, the release said.
Affected workers and the union representing them were alerted of the potential sale Tuesday. UFCW Local 663 represents staff at the two Miner’s and three Quisberg stores in the area.
Union officials estimate about 90 people work at the Baxter location.