October 26, 2016 1:48 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





Key Executives for Schnuck Markets, Inc.

Chairman and Chief Executive Officer
Age: 57
Chief Financial Officer
Age: 49
Senior Vice President of Store Operations
Compensation as of Fiscal Year 2016.

Schnuck Markets, Inc. Key Developments

Schnuck Markets and Workers Reach Tentative Contract Deal

Union workers at Schnuck Markets stores are expected to vote on October 26, 2016, on whether to accept a proposed contract, ending a contentious round of negotiations. United Food and Commercial Workers Local 655 said late last week that its negotiating committee is recommending workers approve the latest offer, which was arrived at three weeks after an initial offer from Schnucks was rejected by 87% of voting workers. Local 665 also said it expected to finalize negotiations on a tentative agreement for members working at Dierbergs and Shop ‘n Save this week. The union overwhelmingly rejected Schnucks' previous offer, saying the deal would reduce full-time jobs, eliminate certain schedule guarantees for part time workers, and cut health care coverage for part-timers.

Former Executive Anthony Hucker Sues Schnuck

In under two years, Anthony Hucker had risen from chief strategy officer to chief operating officer of Schnuck Markets Inc., becoming the highest-ranked executive outside the Schnuck family to work at the regional grocery chain. But nearly as quickly as he ascended the ranks, he was fired after he asked Schnucks to release him from a non-compete agreement to become CEO of Save-A-Lot, losing out on both the 'unique opportunity' and wages, Hucker alleges in a lawsuit filed in St. Louis County Circuit Court. According to the suit, Hucker told CEO Todd Schnuck of the Save-A-Lot proposal on Oct. 21, 2015, and said he would decline the offer and stay with Schnuck Markets if the company would not waive the non-complete agreement. Hucker said he was placed on administrative leave and later terminated on Nov. 23, 2015. As a result, Save-A-Lot withdrew its offer, and Hucker ‘has suffered lost wages, benefits of employment, and other employment compensation, and will continue to suffer such lost wages, benefits of employment, and other employment compensation in the future’, the suit alleges. Hucker, who is represented by Dobson, Goldberg, Berns & Rich LLP, is suing for breach of contract and lost wages and is asking for more than $25,000.

Schnuck Markets, Inc. Presents at HMG Strategy's 2016 St. Louis CIO Executive Leadership Summit, Oct-25-2016 02:10 PM

Schnuck Markets, Inc. Presents at HMG Strategy's 2016 St. Louis CIO Executive Leadership Summit, Oct-25-2016 02:10 PM. Venue: Four Seasons St. Louis, St. Louis, Missouri, United States. Speakers: Joey Smith, CISO.

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