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Schnuck Markets Buying 19 St. Louis-Area Stores from Supervalu

Minneapolis-based Supervalu Inc. is selling 19 of its 36 Shop ‘n Save grocery stores, primarily located in the St. Louis, MO area, to Schnuck Markets, Inc. The staggered close process is currently expected to finish by late October 2018.

Supervalu will become the primary supplier for nine of Schnucks’ existing stores located across northern Illinois, Iowa and Wisconsin. As part of the acquired stores, Schnucks will acquire 15 in-store pharmacy locations and one stand-alone pharmacy (16 in total), which will remain open, and prescription files at 10 other Shop ‘n Save pharmacy locations that will be transferred to other area Schnucks pharmacies.

Shop ‘n Save stores and fuel centers not included in the deal currently remain open, though will be closed later this year if Supervalu is unable to find a buyer. Supervalu’s St. Louis Distribution Center on Hazelwood Avenue, which predominantly serves Shop ‘n Save stores, is expected to close later this year.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.