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.
For comments, questions or concerns, please contact Dennis Kaiser