private 1983 1994 industry retail grocery founded october 1 1983 in minnesota headquarters stillwater minnesota number of locations 4 products bakery dairy deli frozen foods grocery meat pharmacy produce seafood snacks parent supervalu 2014 present roundy s 2003 2014 fleming foods 1994 2003 website rainbowfoods.com rainbow foods is a supermarket chain with four locations in minnesota . history edit the company was founded by sid applebaum and d. b. reinhart in 1983 and grew to become the second largest grocery chain in the minneapolis saint paul area . the chain was sold to texas wholesaler fleming foods in 1994 and then in 2003 to milwaukee based roundy s. 1 roundy s citing increased competition in the minneapolis saint paul market 2 sold 18 stores to a consortium of companies including lund food holdings supervalu united states jerry s enterprises haug enterprises and radermacher enterprises . twelve of these stores were converted to other brands while six remain under the rainbow banner . roundy s has closed the remaining nine stores on july 22 and retains no ownership of the rainbow foods brand name 3 in september 2014 four months after buying the rainbow foods location in west st. paul supermarket owner jerry s enterprises says it now plans to close the store in november . in a letter sent to the city wednesday when jerry s says the company has developed plans based on business considerations to close its rainbow store at 1660 s. robert st. the rainbow on minneapolis lake street is also slated to close jerry s said wednesday . the stores join nine other rainbow supermarkets that were shut down in july after rainbow s owner roundys left the twin cities market . after the closures the brand will only have four remaining stores 4 the two rainbow foods stores on lake street and on roberts street were said to close by november 9th 2014 . after the closures there are now only 4 rainbow stores left . references edit roundy s exits twin cities parcels out rainbow foods locations star tribune accessed july 17 2014 roundy s inc. agrees tos sell 18 rainbow stores roundy s inc. press release accessed july 17 2014 rainbow once no. 2 twin cities grocer is splintered pioneer press source pkg nine twin cities rainbow stores closing this week pioneer press accessed july 17 2014 2 more rainbow foods to close twin cities.com accessed september 28 2014 external links edit official website retrieved from https en.wikipedia.org w index.php title rainbow foods & oldid 739195496 categories companies based in minnesotasupermarkets of the united stateshidden categories vague or ambiguous time from july 2016official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 13 september 2016 at 09 30 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view