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Schnucks to Acquire Two Fricks Market Stores

Specialty Food Association

St. Louis-based Schnucks plans to acquire two Fricks Markets in Missouri. The retailer indicated that it would make employment offers to current market employees.

“We’re thrilled to be able to continue our mission to nourish people’s lives in both Union and Sullivan,” said Schnucks chairman and CEO Todd Schnuck in a statement. “I know [Fricks Market owners] 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 Fricks Market location in Union, Missouri will retain its name until October 27 when it will be reopened as Schnucks. Plans are in the works to convert the Fricks Market in Sullivan, Missouri into a Schnucks Fresh store: a 23,000-square-foot, smaller-format location with an emphasis on fresh foods. The date of the store remodel has yet to be announced.

“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 of Fricks Market, in a statement. “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.”

Related: Market Street Breaks Ground on Store; Slideshow: Hannaford Opens New York Store

Image: Schnucks