SCHNUCK MARKETS ACQUIRES THREE GROCERY STORES

by admin

O’FALLON, BETHALTO AND GODFREY, ILL. — St. Louis-based Schnuck Markets Inc. has acquired two Illinois grocery stores located in O’Fallon and Bethalto. Additionally, Schnuck has acquired a lease on a third store in Godfrey. The three stores were sold by the Sher family of St. Louis, which owns the management company, The Homer Group. O’Fallon Hart Food & Drug and the Bethalto Park N Shop will close on October 20, and reopen on October 23 as Schnuck stores. The Godfrey Park N Shop store will be closed. Craig Schnuck of Schnuck Markets Inc. helped to broker the agreement. The acquisition cost was not disclosed.

You may also like