Data: Chain Store Guide ; Note: Stores under the same brand name have been combined, e.g. Walmart and Walmart Supercenter; Chart: Axios Visuals
Walmart, Target and Cub Foods remain the top three grocers in the Twin Cities.
Why it matters: Our metro area has always had a nice mix of grocery options, from national chains to local brands ranging from upscale to budget-friendly.
- Despite some newcomers, the landscape hasn’t changed much in recent years,
Between the lines: Costco has been one of the fastest-growing brands here, with its market share rising from 10.5% in 2020 to 12.7% in 2024, according to Chain Store Guide.
- Meanwhile, Target has slipped from 18.3% to 17.1% market share.
What we’re watching: That trend could continue as backlash over Target’s DEI rollback has led to a decline in foot traffic , while Costco’s shopper…..