Contact: Marie A. Casey at Casey Communications, Inc., 314/962-0944.

September 3, 1998

Schnucks Announces Plan to Open Convenience Store At Gravois & Mackenzie To Serve Affton Customers

ST. LOUIS --- Schnuck Markets, Inc. announced plans today to open a convenience grocery-drugstore at 9445 Gravois Road in Affton, Mo. Schnucks expects to open the store in spring 1999.

The new store will offer customers a convenience assortment of fresh and shelf- stable groceries as well as packaged meats and cheeses, dairy and frozen food items. It also will offer customers an in-store pharmacy, a full assortment of health and beauty care items, a full-scale video department, and a selection of wines, beers and liquors.

In addition, Schnucks is planning limited in-store seating where customers can stop by for a sandwich or snack and drink and have a place to visit with friends and neighbors.

"I am very pleased to have a store operated by Schnucks at this site. This is a positive first step along the road of redeveloping our community," said St. Louis County Councilman Jeff Wagener, 6th District.

"South County 2000 wholeheartedly supports Schnucks' decision to serve Affton residents with a convenience grocery-drugstore," said Gloria Brazell, president of the South County 2000, a non-partisan community group focused on promoting community unity, sound economic development, and progressive efforts that advance and benefit the entire region. "We stand ready to provide community support to help the success of Schnucks and other businesses surrounding this location."

"Our plan offers a new store concept aimed at meeting the needs of our customers in Affton who want a place they can walk to and enjoy as a community gathering spot," said Craig D. Schnuck, chairman and chief executive officer. "Our market research shows that this store will serve Missouri's largest concentration of Social Security recipients in a single zip code. Special consideration will be given to the needs of our elderly customers in the design of our new store."

"Our one-store experiment of a new store concept tailored to the demographics of the Affton area will contribute to the success of current efforts by St. Louis County and community members to revitalize the Gravois Corridor," Schnuck said. "With three stores in the Gravois Corridor, our expanded presence will help anchor the commercial business district and help generate additional customer traffic for other merchants in the area."

The store, a former National, was closed in June 1995 after Schnucks acquired 57 supermarkets from Loblaw of Toronto, Canada when it decided to leave the St. Louis market. Schnucks' Affton Plaza store is located seven-tenths of a mile or about 1,200 yards west of the former National store.

Schnucks' other two stores in the Gravois Corridor include the Schnucks Gravois store, 7450 Hampton Ave., at the eastern end of the corridor, and the Schnucks Affton Plaza store, 10070 Gravois, at the western end of the corridor.

The store will use about half of the store's total space. The DESCO Group, which is marketing the property on behalf of Schnucks, is working with other potential retail tenants for the remainder of the building. DESCO is continuing to work with community consultant Al Eckert, who is representing Affton's interest in securing quality retail tenants for the building.