Schnuck Markets, Inc.

  • Overview

If you'll meet me in St. Louis, chances are there'll be a Schnucks in sight. The region's largest food chain, Schnuck Markets operates about 100 stores, two-thirds of which are in the St. Louis area. The other stores dot Missouri, Illinois, Indiana, Iowa, and Wisconsin. All stores offer a full line of groceries and 95% of them boast pharmacies. Other services include Redbox video rentals, in-store banking, and florist shops. While most stores operate under the Schnucks banner, the company also runs about half a dozen Logli supermarkets in Illinois and Wisconsin, and a specialty pharmacy. Founded in 1939, the company is owned by the Schnuck family and run by CEO Scott Schnuck and president and COO Todd Schnuck.

Financial Analysis

Schnuck Markets rang up an estimated $2.6 billion in sales in fiscal 2011 (ends September), vs. $2.5 billion the prior year.

Geographic Reach

The grocery chain operates across a handful of states, primarily in Missouri with additional locations in Illinois, Indiana, Wisconsin, and Iowa.

Strategy

Schnuck leverages its experience operating in-store drugstores. To this end, the company in 2012 opened its first full-service standalone pharmacy on the site of St. John's Hospital in Springfield, Illinois. 

Schnuck has shuffled its holdings of late, exiting Mississippi and Tennessee, while building its presence in Illinois. In 2010 it closed a store in Tennessee, citing competition from rival supercenters and other supermarket operators in the immediate area. In 2011 the chain sold its holdings in Memphis -- nine supermarkets and eight convenience stores -- to Kroger in 2011. Soon after that, Schnuck acquired seven Hilander stores and a fuel center in Rockford, Illinois, from Kroger.

While Schnuck Markets does most of its business in the suburbs, the grocery chain operates a new urban prototype store -- named Culinaria -- in the heart of downtown St. Louis. Measuring a modest 23,000 sq. ft., the store is about a third of the size of a traditional Schnuck supermarket. Culinaria is a full-service grocery store with specialty food items and a coffee bar and wine shop. The company is also tinkering with its traditional store format in suburban Des Peres, Missouri, where it has opened a new replacement store that includes a cooking school, an expanded selection of prepared foods for in-store dining or take out, and other innovations.

Company Ownership

The company is owned and operated by the founding Schnuck family.

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Schnuck Markets, Inc.


11420 Lackland Rd
Saint Louis, MO 63146-3559
Phone: 1 (314) 994-9900
Fax: 1 (314) 9444586
www.schnucks.com

STATS


  • Employer Type: Private
  • President and CEO: Todd Schnuck
  • Chairman and CEO: Scott Schnuck
  • President and CEO: Todd Schnuck

Major Office Locations

  • Saint Louis, MO
  • Saint Louis, MO