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April 25, 2015 3:56 PM ET

Food and Staples Retailing

Company Overview of Schnuck Markets, Inc.

Company Overview

Schnuck Markets, Inc. owns and operates supermarkets with in-store pharmacies in Missouri, Illinois, Indiana, Wisconsin, and Iowa. The company operates bakery, deli foods, floral, coffee, meat, pharmacy, fresh produce, cooked seafood, and fuel departments, as well as conducts cooking classes. It also provides online retail, as well as facilitates the option of online money transfer and bill payment. Schnuck Markets, Inc. was founded in 1939 and is headquartered in St. Louis, Missouri.

11420 Lackland Road

St. Louis, MO 63146-6928

United States

Founded in 1939

Phone:

314-994-9900

Fax:

314-994-4465

Key Executives for Schnuck Markets, Inc.

Chairman and Chief Executive Officer
Age: 55
President and Chief Operating Officer
Age: 47
Chief Financial Officer
Age: 47
Compensation as of Fiscal Year 2014.

Schnuck Markets, Inc. Key Developments

Schnuck Markets Plans to Close its Store in East St. Louis on May 2, 2015

Schnuck Markets said that it would close its only store in East St. Louis at on May 2, 2015. The company said the store's 79 employees would be offered jobs at other Schnucks stores in the area before it closed the East St. Louis outlet at 2511 State Street. The East St. Louis store's pharmacy will continue to fill prescriptions for now.

Schnuck Markets, Inc. Announces Management Changes

Todd Schnuck is now the chairman and CEO of Schnuck Markets Inc. Schnuck, 55, succeeds brother Scott Schnuck, who will serve as chairman of the company's executive committee. Anthony T. Hucker, 48, who joined Schnucks in September 2013, is now president and chief operating officer. Hucker becomes the first non-family member to hold this office.

Schnucks to Build Million-Square-Foot Warehouse

Schnucks announced they are searching for land in the St. Louis area to build a 1 million-square-foot warehouse to replace the grocer's facility in Bridgeton. It hopes to open the facility in the summer of 2016. The Bridgeton facility, located at 12921 Enterprise Way and built in 1971, has been expanded twice, but is structurally inefficient and does not have enough space. They company will maintain a smaller operation at Bridgeton. The new site will more than double the space currently available.

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