Red owl store? What's that!
Red Owl was once a grocery store chain that operated in Michigan, Wisconsin, Minnesota, Iowa, and North and South Dakota. The company dates back to 1922. The first store was in Rochester, MN. Its last owner, Supervalu Inc., began phasing them out in the 1980s. One still exists in Green Bay, WI. There were more than 400 stores at one time.
I lived in Rochester for eight years and in Minnesota for 22 years, so I am quite familiar with them.
Department 56 in 2002 released a ceramic building depicting a Red Owl. It was retired in 2003. Naturally, I had to have it. Here's mine, heavily populated with figures of all sorts. Looking forward to seeing the Menards version.