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Schnucks Announces Intention To Acquire Fricks Market Stores

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St. Louis, Missouri-based Schnuck Markets has announced its intent to acquire two Fricks Market stores, located at 401 Central Ave. in Union, Missouri, and 45 North Clark St. in Sullivan, Missouri.

The Union store will remain open as Fricks Market through Oct. 23, when it will close for three days before reopening on Oct. 27 as Schnucks. The Fricks Market in Sullivan will close and reopen during the same window, but will remain a Fricks Market, operated by Schnucks, until a new 23,000-square-foot “Schnucks Fresh” store is completed.

The new Sullivan store will be located on East Springfield Road near Highway 185. An official opening date for this new store will be announced in the coming months.

“We’re thrilled to be able to continue our mission to nourish people’s lives in both Union and Sullivan,” said Todd Schnuck, chairman and CEO. “I know Jennifer and Darren Newbanks have remained committed to strengthening their communities through their decades of ownership.

“We’re excited to build upon their strong customer relationships as we provide our signature assortment of fresh produce, bakery, meat, seafood and deli options, along with our award-winning Schnucks Brand portfolio of products.” 

The Schnucks Human Resource team will speak with Fricks Markets’ 66 employees and extend employment offers for both acquired locations. Schnuck added that both stores will continue to be union and that the company appreciates the partnership of union leadership in facilitating this transition.

“We know Schnucks will continue to serve Union and Sullivan customers with access to high quality, nutritional foods as we have done since 1960,” said Jennifer Newbanks, president, Fricks Market.

“As our family moves on to the next chapter, we are grateful for the employees who have worked with us as well as the customers who have shopped with us over the years. We’re confident Schnucks – another family-owned grocery company with strong core values –  is the right fit to continue supporting families in our communities.”

Founded in 1939, Schnuck Markets is a third and fourth generation, family-owned grocery retailer operating 112 stores in Missouri, Illinois, Indiana and Wisconsin.

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