August 19, 2017 1:04 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, cheese (specialty), deli, floral, gluten-free, meat and seafood, pharmacy, produce, and wine and beer departments; conducts cooking classes; and offers savings and services, including gift cards, specials and promotions, fuel rewards, fundraising, and donation requests. 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: 58
President and Chief Operating Officer
Age: 49
Chief Financial Officer
Age: 50
Compensation as of Fiscal Year 2017.

Schnuck Markets, Inc. Key Developments

Schnuck Markets Inc. Names Dave A. Peacock as President and Chief Operating Officer

Schnuck Markets Inc. has named Dave A. Peacock, former president of Anheuser-Busch, as president and chief operating officer. Peacock will manage procurement and merchandising, operations, marketing and communications and supply chain divisions for the company. He'll give up his position on Schnucks' Advisory Board to assume his new roles as president and COO. Peacock served as president of Anheuser-Busch from 2008-2012.

Schnuck Markets Inc. Announces Sales Results for the Year 2016

Schnuck Markets Inc. announced sales results for the year 2016. For the year, the company's sales were flat at $2.7 billion in 2016.

Union Approves Schnuck Markets' Contract with Bridgeton Workers

Union workers at Schnuck Markets' Bridgeton warehouse have approved a new five-year contract, ending a nearly yearlong boycott of the grocery chain's stores. Teamsters Local 688 voted on March 20, 2017, 79 to 16, in favor of the new contract, which covers 102 Schnucks employees at the Bridgeton warehouse. Features of the new deal include a 4% 401(k) match, a buyout option for up to 50 members and increases in company-paid health care benefit contributions for current employees and contributions for retirees. The new contract was approved months before the old contract was set to expire on July 9. The Teamsters also will end its boycott, which began in June.

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