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Schnucks to close its only Iowa store

CEO Todd Schnuck says location ‘has simply not been profitable’

Russell Redman

June 16, 2020

2 Min Read
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After closing its only store in Iowa, Schnucks will operate 111 stores in Missouri, Illinois, Indiana and Wisconsin.Schnuck Markets

Schnuck Markets plans to shut its only store in Iowa, which will reduce its Midwestern market area to four states.

Schnucks said its 61,000-square-foot supermarket in Bettendorf, Iowa, located at 858 Middle Road, is slated to be closed at 6 p.m. on Aug. 16. The St. Louis-based grocer described the location, opened in May 2005, as underperforming. The chain’s other 111 stores are in Missouri, Illinois, Indiana and Wisconsin.

“Our teammates have put forth a great effort and have been proud to contribute to the Bettendorf community. Unfortunately, the store has simply not been profitable,” Schnucks Chairman and CEO Todd Schnuck said in a statement. “While this was not a decision we made lightly, we know our teammates’ contributions — as individuals and as a team — will be long remembered among their loyal Schnucks customers in the area.”

All of the Bettendorf store’s 80 employees will be offered transfers to other Schnucks locations. Workers choosing to transfer will retain their same pay rate, while those electing not to transfer will receive a severance package, the company said.

Schnucks noted that customers of the Bettendorf store will continue to earn Schnucks Rewards points until July 21, and they will be able to redeem accrued points through Aug. 16.

Related:Schnucks to open new natural store format

The Bettendorf store’s pharmacy previously had been closed and its prescription files transferred to CVS Pharmacy, which acquired Schnucks’ retail and specialty pharmacy business in March. As part of the transaction, CVS bought 99 Schnucks retail pharmacies to convert to the CVS banner and purchased prescription files from another 11 Schnucks pharmacies and transferred them to nearby CVS Pharmacy stores.

In April, Schnucks said it plans to permanently close a supermarket in Alton, Ill., after it was temporarily shut amid the company’s response to the coronavirus pandemic. The retailer’s Oakwood store at 1721 Homer Adams Pkwy. in Alton won’t be reopened after its lease expires in June.

Also this summer, Schnucks plans to open a new-concept store — EatWell, A Natural Food Store by Schnucks — in Columbia, Mo. A former Lucky’s Market, purchased by Schnucks in a bankruptcy auction, the 42,000-square-foot store is being remodeled for the new format.

About the Author

Russell Redman

Senior Editor
Supermarket News

Russell Redman has served as senior editor at Supermarket News since April 2018, his second tour with the publication. In his current role, he handles daily news coverage for the SN website and contributes news and features for the print magazine, as well as participates in special projects, podcasts and webinars and attends industry events. Russ joined SN from Racher Press Inc.’s Chain Drug Review and Mass Market Retailers magazines, where he served as desk/online editor for more than nine years, covering the food/drug/mass retail sector. 

Russell Redman’s more than 30 years of experience in journalism span a range of editorial manager, editor, reporter/writer and digital roles at a variety of publications and websites covering a breadth of industries, including retailing, pharmacy/health care, IT, digital home, financial technology, financial services, real estate/commercial property, pro audio/video and film. He started his career in 1989 as a local news reporter and editor, covering community news and politics in Long Island, N.Y. His background also includes an earlier stint at Supermarket News as center store editor and then financial editor in the mid-1990s. Russ holds a B.A. in journalism (minor in political science) from Hofstra University, where he also earned a certificate in digital/social media marketing in November 2016.

Russell Redman’s experience:

Supermarket News - Informa
Senior Editor 
April 2018 - present

Chain Drug Review/Mass Market Retailers - Racher Press
Desk/Online Editor 
Sept. 2008 - March 2018

CRN magazine - CMP Media
Managing Editor
May 2000 - June 2007

Bank Systems & Technology - Miller Freeman
Executive Editor/Managing Editor
Dec. 1996 - May 2000

Supermarket News - Fairchild Publications
Financial Editor/Associate Editor
April 1995 - Dec. 1996 

Shopping Centers Today Magazine - ICSC 
Desk Editor/Assistant Editor
Dec. 1992 - April 1995

Testa Communications
Assistant Editor/Contributing Editor (Music & Sound Retailer, Post, Producer, Sound & Communications and DJ Times magazines)
Jan. 1991 - Dec. 1992 

American Banker/Bond Buyer
Copy Editor
Oct. 1990 - Jan. 1991 

This Week newspaper - Chanry Communications
Reporter/Editor
May 1989 - July 1990

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