Schnucks to Permanently Close Oakwood Store

Schnuck Markets Inc. will permanently close its Oakwood store in Alton, Ill., which was originally closed temporarily as its staff members were shifted to other locations to handle increased traffic due to the coronavirus pandemic. The lease on the underperforming store, which was part of Schnucks' acquisition of 19 Shop ‘N Save stores in October 2018, was up for renewal in June. The 45 staff members will continue to work at other Schnucks stores in the area and will retain their rate of pay.

“Even prior to the pandemic, shoppers in the River Bend area had overwhelmingly chosen instead to visit our nearby Alton store, which is only a mile and a half away, and our Godfrey location, which is less than 2 miles away,” said Schnucks Chairman and CEO Todd Schnuck. “With that data, and knowing that the lease expiration was approaching, we made the decision to close the store and focus on those Metro East stores that customers have shown us they prefer.”

Metro East Schnucks customers will continue to have 15 other Schnucks stores to choose from in the area. Those stores employ a combined total of approximately 1,600 Schnucks teammates.