Schnucks To Acquire 19 St. Louis-Area Shop N Save Locations
Schnucks To Acquire 19 St. Louis-Area Shop N Save Locations
Schnucks To Acquire 19 St. Louis-Area Shop N Save Locations
Schnucks to Acquire 19 St. Louis-Area Shop ‘n Save Locations
Schnucks will also offer jobs to all union teammates at the 19 stores
ST. LOUIS, Sept. 17, 2018 – Schnuck Markets, Inc. today announced that the company has entered
into a definitive agreement to purchase 19 St. Louis-area Shop ‘n Save stores (14 in Missouri and
five in Illinois). The transaction is planned to occur with a staggered close process that is currently
expected to begin on October 7 and be completed by late October 2018. Schnucks plans a
closure of only about two and a half days for each store – during which time it intends to rebrand
signage and fixtures, switch out point-of-sale systems and restock merchandise before the store
reopens as a Schnucks.
“Schnucks is proud to be growing in our hometown of St. Louis, excited about the opportunity to
serve new customers, and looking forward to welcoming the employees at these 19 stores to
Schnucks,” said Todd Schnuck, Chairman and CEO of Schnuck Markets. “We want longtime
customers of each store to know that we are eager to earn your business, and we’ll be working
closely with SUPERVALU and Shop ‘n Save to ensure a smooth and successful transition.”
Pending the results of any legally required background checks, all bargaining unit Shop ‘n Save
employees will be offered a position at the same wage rate, working a comparable number of
hours and doing comparable work. Eligible employees will also receive healthcare coverage and
pension contributions consistent with union agreements. All Shop ‘n Save Store Directors, Assistant
Store Directors, Pharmacy Managers, and Pharmacists will also be interviewed by Schnucks over
the next week.
“Our intention is to make a strong offer to the Shop ‘n Save employees at these 19 stores in hopes
they choose to join the Schnucks team. They know their stores and their communities and will be
an integral part of the conversion process,” Schnuck said.
Fifteen of the 19 acquired stores include pharmacies, which will also be purchased by Schnucks,
as will one standalone pharmacy in Union, Missouri. Each of the pharmacies will remain open
under the Schnucks banner. Schnucks is also acquiring the prescription files for 10 additional Shop
‘n Save in-store pharmacy locations and transferring those prescriptions to nearby Schnucks
stores. Customers of the closing Shop ‘n Save pharmacies will be mailed detailed information on
the transfer of their pharmacy files within the next several days. Information will also be available
for customers at each pharmacy.
Schnucks will also acquire four of Shop ‘n Save’s seven fuel centers. A complete list of stores,
pharmacies and fuel centers to be sold to Schnucks under this agreement, along with a list of
correlating pharmacies where prescription files will be transferred, is included in the addendum to
this news release.
As part of this transaction, Schnucks and SUPERVALU will enter into an agreement for SUPERVALU
to serve as the primary supplier for nine of Schnucks’ existing stores located across northern Illinois,
Iowa and Wisconsin.
The acquisition comes on the heels of Schnucks announcing two other new store locations.
Schnucks opened its Maplewood, Mo. location - which had previously been a Shop ‘n Save - in
August. A new Schnucks in Warrenton, Mo. is currently under construction and is scheduled to
open later this fall.
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Note: Store lists can be found on pages three and four.
LIST OF SHOP ‘N SAVE STORES BEING SOLD TO SCHNUCKS AS PART OF THIS ANNOUNCEMENT
Sq.
Shop 'n Save Location City/State Zip Footage Pharmacy; Fuel
1721 Homer M. Adams Parkway Alton, IL 62002 51,100 No
800 Carlyle Avenue Belleville, IL 62221 61,525 Pharmacy
634 Berkshire Blvd. East Alton, IL 62024 22,000 No
2122 Troy Road Edwardsville, IL 62025 55,139 Pharmacy
1900 East Edwardsville Road Wood River, IL 62095 42,130 Fuel
1253 Water Tower Place Arnold, MO 63010 60,135 Pharmacy
7909 State Highway N Dardenne Prairie, MO 63368 70,290 Pharmacy
45 Gravois Bluffs Plaza Fenton, MO 63026 63,933 Pharmacy
1275 North Truman Blvd. Festus, MO 63028 60,000 Pharmacy; Fuel
2183 Charbonier Road Florissant, MO 63031 53,140 Pharmacy
1032 Lemay Ferry Road Lemay, MO 63125 56,198 Pharmacy
3740 Monticello Plaza O'Fallon, MO 63368 58,435 Pharmacy
1421 Mexico Loop Road East O'Fallon, MO 63366 54,180 Pharmacy
10634 St. Charles Rock Road St. Ann, MO 63074 65,898 Pharmacy; Fuel
60 Harvester Square St. Charles, MO 63303 71,482 Pharmacy
9070 St. Charles Rock Road St. John, MO 63114 66,250 Pharmacy; Fuel
7057 Chippewa Street Shrewsbury, MO 63119 77,000 Pharmacy
5780 South Lindbergh Blvd. St. Louis, MO 63123 78,396 No
100 Jungermann Road St. Peters, MO 63376 57,263 Pharmacy
Standalone
500 West Highway 50 Union, MO 63084 6,405 Pharmacy
LIST OF REMAINING SHOP ‘N SAVE PHARMACIES WHOSE PRESCRIPTION FILES ARE BEING
TRANSFERRED TO SCHNUCKS
Shop 'n Save Pharmacy Transferring to Schnucks City,
Location City/State/Zip location State/Zip
Belleville, IL Belleville, IL
4201 North Belt West 62226 5720 North Belt West 62226
Ellisville, MO Ballwin, MO
15446 Manchester Road 63011 15425 Manchester Road 63011
175 Flower Valley Florissant, MO Florissant,
Shopping Center 63033 13987 New Halls Ferry Road MO 63033
Ferguson, MO St. Louis, MO
10805 Old Halls Ferry Road 63136 1589 Sierra Vista Plaza 63138
Granite City, IL Granite City,
3521 Nameoki Road 62040 3100 Madison Ave. IL 62040
High Ridge, MO High Ridge,
1023 Crossroads Place 63049 20 Dillon Plaza Drive MO 63049
Kirkwood, MO Kirkwood,
10461 Manchester Road 63122 10233 Manchester Road MO, 63122
Moline Acres, Jennings,
9521 Lewis & Clark Blvd MO 63136 8037 West Florissant Ave. MO 63136
St. Louis, MO St. Louis, MO
4660 Chippewa Street 63116 5055 Arsenal 63139
Florissant, MO St. Louis, MO
196 Mayfair Plaza 63033 1589 Sierra Vista Plaza 63138
NOTE: Within the next several days, customers of these Shop ‘n Save pharmacies
will receive by mail detailed information on the transfer of their pharmacy files
and information will also be available at each Shop ‘n Save pharmacy.