ROCKFORD, Ill. - Leaders of family-owned Schnuck Markets, Inc. today announced plans to shutter the Hilander store at 3710 North Main Street at 6 p.m. on Saturday, May 26. No jobs will be lost.
Schnucks President and Chief Operating Officer Todd Schnuck said, "This is an isolated store closing, and we've worked hard to ensure that all 66 Main teammates will have jobs at other area Hilander and Logli locations."
Schnuck cited several reasons for the decision to close the store. "Main was in decline at the time of the acquisition," Schnuck explained. "Prior to our taking over, the pharmacy prescription list had been sold off and customers lost, hastening that decline. Despite our best efforts, competitive pressures combined with consistently stagnant sales leave us little hope of reversing the trend." Schnuck says closing the store will allow the company to concentrate resources where they will be of most value to customers and teammates.
Schnucks Rockford Division Manager Dennis Canada hopes that customers in the Main neighborhood will follow store teammates to other Hilander and Logli locations. "Teammates at Rockton and Loves Park Logli stores and Hilander Rural are standing by in hopes of serving Main customers," Canada said.
Canada, who started working for Schnucks as a teen in 1971, transferred to Rockford this past September to oversee the expansion of what is now the company's second largest market. "Eight months ago, we made a significant investment in the Rockford community, and since then, we have enhanced it by lowering prices across Logli and Hilander stores, generating value in extremely hot ads and expanding our private brand options," he said. "We have one mission right now and that is to bring the best value we possibly can to Rockford customers."
An aggressive sell down starts today and runs through May 26.
Schnucks was founded in north St. Louis in 1939 by Irish and German immigrants, Anna Donovan Schnuck and Edwin Schnuck, grandparents of the siblings that now run the family-owned company. Today, Schnuck Markets, Inc. operates 100 stores (including five Logli and seven Hilander stores) and 95 in-store pharmacies in Missouri, Illinois, Indiana, Wisconsin and Iowa.
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