
Cub Foods' St. Paul Midway store to close in August
The store and pharmacy located at 1440 University Ave. West will close to the public on Aug. 2, the notice says.
As a result of the closure, approximately 96 employees will be separated or laid off beginning Sept. 22.
In the WARN Act notice, Cub Foods wrote it is "impossible" to know with certainty which employees will be separated due to transfer and bumping rights under collective bargaining agreements for unionized employees.
A majority of the employees are represented by United Food and Commercial Workers Union Local 1189, with a handful represented by Bakery Confectionery Tobacco Workers & Grain Millers Union Local 22. Only five employees do not have representation.
People in the area won't be completely without alternatives, with an Aldi and Target located within a mile of the soon-to-be shuttered store.
Residents say the Hamline-Midway neighborhood has been plagued by crime, homelessness and drug use in recent years. Community members even held a town hall last October, looking for ways to clean up the area.
One way the city hopes to do that is through its United Village project in the area surrounding Allianz Field, which is located across the street from Cub Foods. The development includes an office complex, restaurant pavilions and a hotel.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
8 minutes ago
- Yahoo
DIVIDEND ALERT! Iridium Communications (IRDM) Nosedives 22% on Disappointing Earnings, Outlook
We recently published . Iridium Communications Inc. (NASDAQ:IRDM) is one of the worst-performing stocks on Thursday. Iridium Communications fell by 22 percent on Thursday to close at $25.26 apiece as investors soured on its disappointing earnings performance and lowered growth outlook. In a statement, Iridium Communications Inc. (NASDAQ:IRDM) said net income in the second quarter of the year dropped by 32 percent to $21.97 million from $32.34 million in the same period last year. Net income for the first six months also finished flat at $52 million. On the other hand, total revenues increased by 8 percent to $216.9 million from $201 million year-on-year. Looking ahead, Iridium Communications Inc. (NASDAQ:IRDM) lowered its total service revenue growth expectations to a range of 3-5 percent, compared with the 5-7 percent growth guidance previously. Copyright: limonzest / 123RF Stock Photo Despite the dismal earnings, Iridium Communications Inc. (NASDAQ:IRDM) declared a higher cash dividend to its investors for September, amounting to $0.15 per common share. This compares with $0.14 cash dividend in the second quarter of the year. While we acknowledge the potential of IRDM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
8 minutes ago
- Yahoo
C3 AI (AI) Loses 10.8% as CEO Steps Down
We recently published . Inc. (NYSE:AI) is one of the worst-performing stocks on Thursday. C3 AI snapped a two-day rally on Thursday, losing 10.84 percent to close at $26 apiece as investors repositioned portfolios following its chief executive's announcement that he was stepping down from his post. In a statement, Inc. (NYSE:AI) said that CEO Thomas Siebel has tendered his resignation due to health reasons, effective upon a successor assuming his post. 'After being diagnosed with an autoimmune disease in early 2025, I have experienced significant visual impairment,' he said. 'For C3 AI to reach its full potential—which I believe is spectacular—the board and I have initiated a search for a new CEO who can take the company to the next level of growth and success. I will remain fully engaged as Chief Executive Officer of until such time as the board appoints my successor, after which I will continue in the role of Executive Chairman, focusing on strategy, product innovation, strategic partner and customer relationships,' he noted. Meanwhile, an analyst from Wedbush said that the chief's resignation presented an opportunity for other firms to acquire Inc. (NYSE:AI). Wedbush gave Inc. (NYSE:AI) an 'outperform' rating and a price target of $35 apiece. While we acknowledge the potential of AI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
8 minutes ago
- Yahoo
Chipotle Mexican Grill (CMG) Slashes 13% on Disappointing Q2, Outlook
We recently published . Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the worst-performing stocks on Thursday. Chipotle Mexican Grill fell by 13.34 percent on Thursday to close at $45.74 apiece as investors digested a mixed earnings performance and weak outlook for the rest of the year. In its earnings release, Chipotle Mexican Grill, Inc. (NYSE:CMG) said net income for the second quarter of the year dropped by 4.3 percent to $436 million from $455.7 million in the same period last year. Total revenues, on the other hand, grew by 3 percent to $3.06 billion from $2.97 billion year-on-year, driven by new restaurant openings. Comparable store sales, however, decreased by 4 percent due to lower transactions. Looking ahead, the company expects same-store sales to remain flat year-on-year, but it is working on initiatives to boost performance, including improving execution, introducing new menu innovations, amplifying the rewards program, and expanding globally.3 Pixabay/Public domain Additionally, Chipotle Mexican Grill, Inc. (NYSE:CMG) also expects between 25 and 27 percent of tax rate before discrete items for the full year. While we acknowledge the potential of CMG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio