Schnucks Buys Mahomet IGA

Schnuck Markets said it has acquired Mahomet IGA, a store in Mahomet, Ill., from Brooks and Tammy Marsh, and it will reopen the unit under the Schnucks banner on April 1.

Terms were not disclosed.

St. Louis-based Schnucks said the location would be its fourth store in the Champaign-Urbana area. Schnucks said it would meet with the store’s 79 employees to make new employment offers.

“Our mission is to nourish people’s lives, and we’re excited to be able to bring that philosophy to the people of Mahomet while also adding the store’s employees and their grocery experience to the Schnucks team,” said Schnucks Chairman and CEO Todd Schnuck. “Brooks and Tammy have operated this store with pride for 15 years, and we look forward to continuing to take care of the store’s longtime customers and welcoming many new ones as well.”

The Marshes will remain the owners of the 38,000-square-foot building, which will be leased to Schnucks.

“As our family moves to our next chapter, we are excited to offer our friends, customers and teammates a company that shares our tradition of serving people,” said Brooks Marsh. “Schnucks offers excellence in nutritious foods and is a great fit in the growth of our dynamic village.” An 8 a.m. ribbon-cutting ceremony will precede the April 1 opening.

Tammy Marsh added, “Our business and community have been such blessings in our lives. I look forward to what Schnucks will bring to these customers that have been like family to us.”