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Encyclopedia Dubuque

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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.




ECONOFOODS

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ECONOFOODS. Located at 3355 John F. Kennedy Circle, Econofoods was part of the Nash Finch Company. When Econofoods opened in March 1986 it was part of a cluster of supermarkets on Dubuque's West End including Eagle Country Market and Save U More. The store also provided Dubuque residents with their first full-service supermarket bank provided by AMERICAN TRUST AND SAVINGS BANK. The $750,000 warehouse store with 45,000 square feet of space was designed to sell groceries between ten and thirty percent below conventional supermarkets according to company officials. The store was also to sponsor a key club for elderly or handicapped shoppers. Members would have access to a motorized cart for use in shopping.

The site of the store had once been planned as a site for a multi-million dollar shopping mall. Plans collapsed when no major retailers could be persuaded to locate to Kennedy Circle.

Econofoods faced stiff competition after 2003 with the growth of Hy-Vee and the development of the Walmart grocery operation. While food store sales grew 1.6% from 2005 to 2008, the market dropped significantly from 2007-2008. Eagles closed their store across Kennedy Road from Econofoods in 2005. The impact of Hy-Vee increased with the construction of their new store between Dubuque and Asbury. On December 1, 2009, Econofoods announced that it too would close.

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Source:

1. Shaffer, David. "The New Kid Has Moved In," Telegraph Herald, March 23, 1986, p. 32