EAST ALTON, Ill. — Schnuck Markets Inc. said Friday it would close its store in East Alton, Illinois, on Aug. 4, citing consistently "poor sales" since the grocer acquired the former Shop 'n Save location from Supervalu in October 2018.
The store's 27 employees will be offered transfers to its nearby Schnucks stores "and will retain their same rate of pay," officials said. Nearby Schnucks include those in Wood River, Bethalto and Alton.
Schnucks also said that on Aug. 4 it would deposit $15 in "Schnucks Rewards points" — the grocer's customer rewards program — for each customer whose home store is the East Alton location, also known as Wilshire Village, as of July 3. The store, at 634 Berkshire Blvd., is one of the grocer's leased locations.
The grocer has closed other stores it acquired from Supervalu. It said earlier this year it would close locations in Belleville, St. Ann and Festus. Schnucks in 2018 agreed to buy 19 Shop 'n Save locations.
Schnucks said Friday it operates 116 stores. It counted 2018 revenue of $2.7 billion.
The company's chairman and CEO, Todd Schnuck, said in a statement Friday, "We open stores only when we believe they will be both a preferred choice for shoppers and successful for our company, but in this instance, our customers are increasingly bypassing this store in favor of one of our three nearby stores instead."
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