Contact: Lori Willis

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March 24, 2005

Bridgeton Community to Receive Brand New Schnucks Store

Breckenridge Hills and Carrollton Schnucks will be Consolidated to Better Serve Area Customers

ST. LOUIS - Customers at the Breckenridge Hills and Carrollton Schnucks stores wouldn't trade their Schnucks for anything, unless, of course, it was a larger, newer Schnucks store! And that, according to company leaders, is exactly what will happen later this year.

Although details have not yet been finalized, Schnuck Markets, Inc. plans to build a 63,000-square-foot, full-service food and drug store at the northwest corner of the intersection of Lindbergh and St. Charles Rock Road in Bridgeton. The replacement store is to be developed by The DESCO Group of St. Louis. It will be built on a parcel of land adjacent and west of an existing Home Depot with approximately 7,000 square feet of retail space between the two.

Bridgeton is the site of the current Carrollton Schnucks store as well as the Schnucks distribution center, and Mayor Conrad Bowers says he is pleased to extend the city's welcome to Schnucks once again. "I am extremely enthused that Schnucks, a long-time city partner, has decided to build another one of their great stores in our community. Over the years, we have enjoyed a very strong and mutually beneficial partnership, and we look forward to an ongoing relationship with Schnucks leaders."

Schnucks Chairman and CEO Craig Schnuck credits Mayor Bowers with facilitating the process and enabling the grocer to put plans into motion. "Our goal in this consolidation is to provide better service to area customers. In this case, the new location will be right in the heart of the communities now being served by these two," Schnuck said.

According to Schnuck, the existing stores are located just four miles apart and therefore are duplicating resources to an extent. "Although we would like to replace both stores, it's just not feasible, particularly since the airport expansion has siphoned off part of the Carrollton population. We would better serve our customers by providing them a brand new store with a newer floor plan developed with more customer input," he said.

Carrollton, at 40,000 square feet, is the smaller of the two stores and is currently one of the few Schnucks stores without space for an in-store pharmacy. Schnuck said the new development also would allow enough space to include a drive through pharmacy, a concept Schnucks has experimented successfully with for the past five years.

"We are excited to have the opportunity to bring a store with a distinctively newer, more updated look and feel to our Breckenridge and Carrollton shoppers as well as to new customers who found it inconvenient to shop with us before." said Schnuck.

The two stores currently employ a total of 170 associates (91 at Breckenridge and 79 at Carrollton). No jobs will be lost as a result of this consolidation. All associates will be offered a transfer to the new store or another nearby store.

Founded in St. Louis in 1939, Schnuck Markets, Inc. currently operates 101 stores (including five Logli stores) and 96 pharmacies in Missouri, Illinois, Indiana, Wisconsin, Tennessee and Mississippi. The family-owned company ranks 94th in the Forbes magazine listing of the nation's "Largest Private Companies."

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