Schnucks Will Not Renew Lease of Shrewsbury, Missouri Location | Schnucks

Schnucks Will Not Renew Lease of Shrewsbury, Missouri Location

NEWS RELEASES   /  6/11/2021

Schnucks Will Not Renew Lease of Shrewsbury, Missouri Location

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Schnucks Will Not Renew Lease of Shrewsbury, Missouri Location
Store will permanently close June 27

SHREWSBURY, Mo., June 11, 2021 – Schnuck Markets, Inc. today announced that it will not renew the lease of its store located at 7057 Chippewa Street in Shrewsbury, Missouri and that the store will close at 4 p.m. on Sunday, June 27. The lease for the 77,000-square-foot store expires on Nov. 13, 2021. The store’s 57 teammates will continue to work at other area Schnucks stores where they will retain the same rate of pay. 

The store has experienced poor sales since its October 2018 acquisition from SuperValu. The Shrewsbury store is within three miles of two other Schnucks locations: Hampton Village (60 Hampton Village Plaza – 1.5 miles away) and Hampton & Gravois (7450 Hampton Ave. – 2.5 miles away).

“Anytime a store lease comes up for renewal, we review its past and current performance as a normal course of business. Even in the midst of the pandemic when other stores saw growth, our Shrewsbury location continued to underperform,” said Schnucks Chairman and CEO Todd Schnuck. “We thank our loyal customers of that location and ask them to consider visiting us at one of our other nearby stores. We also thank our teammates for giving it their best and will work with each of them to find a nearby Schnucks location where they can continue to provide excellent customer service.”

Following this closure, Schnucks will operate 110 stores, including 79 in the St. Louis metropolitan area. Later this year, Schnucks will open a new store in Jasper, Indiana, the company’s seventh in the state, and following that, its third store in Columbia, Missouri. 

About Schnucks
Founded in St. Louis in 1939, Schnuck Markets, Inc. is a third and fourth generation, family-owned grocery retailer committed to nourishing people’s lives. Schnucks operates 111 stores, serving customers in Missouri, Illinois, Indiana and Wisconsin and employs 13,000 teammates. According to Forbes’ 2020 rankings, Schnucks is the 149th largest privately-owned company in the United States and the 14th largest privately-owned grocer. Schnucks is committed to helping communities thrive and as a champion for reducing hunger, the company annually donates more than $12 million in food to pantries that help those in need.