Saturday, November 7, 2009

Cub Foods Ends Gas Promotion

Here is the article from today's Mpls. Star Tribune confirming what I shared with you yesterday. My source tells me to look for Holiday to be partnering up with another local retailer to offer a similar program. We'll have to watch and see what happens. Until then, the Rainbow Foods gas promotion with BP is the way to go. This promotion has rivaled Cub Food's promotion from day one offering twice the savings and twice the convenience in redemption.

Cub Foods said Friday it's shutting down an alliance with Holiday gas stations begun two years ago amid soaring gas prices. The deal awarded customers a one-cent-per-gallon discount for each $10 spent at Cub.

The last coupons go out on store receipts printed today, and all coupons must be redeemed by their expiration dates, said Cub spokeswoman LeeAnn Jorgenson. She said Cub Foods handed out about $20 million in coupons during the life of the program.

When asked why Cub decided to drop the program, Jorgenson said, "The change allows us to provide greater value to our customers in other ways."

Cub competitor Rainbow Foods has a similar program where customers can earn 10 cents off a gallon of gas at participating BP stations for every $50 spent at Rainbow.

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