For the second consecutive year, St. Louis-based Schnucks Markets has been selected as a 2023 U.S. Best Managed Company.
Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes U.S. private companies and the achievements of their management teams.
The 2023 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic culture, as well as strong financials.
U.S. companies that have been recognized have revenues of at least $250 million. Designees propelled their businesses forward by investing in their people, creating advantage through digital transformation, taking measurable action on sustainability and demonstrating their commitment to diversity, equity and inclusion.
“We’re honored, grateful and, most of all, humbled to be recognized as a U.S. Best Managed Company once again this year,” said Todd Schnuck, chairman and CEO, Schnucks Markets.
“This is only possible because of the efforts of our 12,000 teammates at all levels of our organization, along with our board members and shareholders, who are committed not only to our company’s mission to nourish people’s lives but also to serving the many communities throughout the Midwest that Schnucks calls home.”
Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.
For more information, visit usbestmanagedcompanies.com.
Founded in 1939, Schnucks Markets is a third- and fourth-generation, family-owned grocery retailer, operating 114 stores with 12,000 employees, serving customers in Missouri, Illinois, Indiana and Wisconsin. The company annually donates more than $13 million in food to pantries.