Contact: Lori O. Willis
to Close Arnold
Location on Oct. 28
- In anticipation of new grocery competitors entering the market, leaders of Schnuck Markets, Inc. today
announced plans to close its first Arnold Schnucks location and consolidate
services. The store located at 30 Arnold
Mall will close at 6 p.m.,
Sunday, October 28. All 73 store
associates will be offered transfers to comparable positions at other Schnucks
locations including the second Arnold location -
Crossing (3900 Vogel).
According to Schnucks Chairman and CEO Scott Schnuck this particular store
has been unprofitable for the past several years. "We kept it open due, in large part, to the
great effort our store team put forth in retaining our loyal customers," said
Schnuck. "We are very grateful to our customers for
their support of our Arnold
location and hope to continue serving them from other locations."
agreement with Arnold Park Mall Associates ends next summer, and it makes
economic sense to terminate our lease now and turn our attention to strengthening
our offering to customers at our newer and larger Richardson Crossing store,"
he explained. "It is our hope that our
customers will transfer their support to that store located less than three
opened June 27, 1978 and immediately filled a niche in the community. However, Schnuck says recent public
incentives awarded to local developments cleared the way for competing
businesses to draw upon the available customer base. After 13 years of operation, Emperor's Wok,
the in-store restaurant at this facility, closed in June due to a decline in
"Given its size,
there is already a fair amount of competition in the Arnold
community, and news that another grocer and a Wal-Mart Supercenter
were entering the community was really the tipping point," Schnuck added.
In the meantime, Schnucks will continue to have a
strong presence in Arnold
with the 62,000-square-foot supermarket at Richardson Crossing (2.5 miles away). The Butler Hill store in south St. Louis County is also 3.5 miles
away. For their convenience, pharmacy customers
will find that any Schnucks Pharmacy will be able to access their pharmacy files.
"Customers soon will start to see signs announcing the
close as we prepare for the final day of sales on Oct. 28," said Schnuck. "We are going to do all we can to make this
transition as smooth as possible for everyone."
in St. Louis in 1939, Schnuck Markets, Inc.
operates 102 stores (including five Logli stores) and 99 pharmacies in Missouri, Illinois, Indiana, Wisconsin, Iowa, Tennessee and Mississippi.
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