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Schnuck Markets Acquires Mahomet IGA

Schnuck Markets Acquires Mahomet IGA


ST LOUIS, MO
Tuesday, March 10th, 2020

Schnuck Markets is making major moves to expand its footprint and store portfolio. Last week, the Missouri-based grocer announced it has acquired Mahomet IGA in Mahomet, Illinois—an acquisition that will increase its store count to four in the Champaign-Urbana metropolitan area.

Todd Schnuck, Chairman and Chief Executive Officer, Schnucks Markets“Our mission is to nourish people’s lives, and we’re excited to be able to bring that philosophy to the people of Mahomet while also adding the store’s employees and their grocery experience to the Schnucks team,” said Schnucks Chairman and CEO Todd Schnuck. “Brooks and Tammy [Marsh] have operated this store with pride for 15 years, and we look forward to continuing to take care of the store’s longtime customers and welcoming many new ones as well.”

The Marshes, the current owners of the Mahomet IGA store, will remain the owners of the 38,000-square-foot building. In turn, the location will be leased to Schnucks.

Brooks Marsh, Owner, Mahomet IGA“As our family moves to our next chapter, we are excited to offer our friends, customers, and teammates a company that shares our tradition of serving people,” said Brooks Marsh. “Schnucks offers excellence in nutritious foods and is a great fit in the growth of our dynamic village.”

Tammy Marsh added, “Our business and community have been such blessings in our lives. I look forward to what Schnucks will bring to these customers that have been like family to us.”

The Missouri-based Schnuck Markets announced that it has acquired Mahomet IGA in Mahomet, Illinois

According to a press release, the Mahomet store at 202 Eastwood Drive will remain open as Mahomet IGA through 5 p.m. on Sunday, March 29, before reopening on Wednesday, April 1, as Schnucks. Schnucks’ Human Resources team expressed it will speak to the store’s 79 employees to make employment offers.

Winds are a-blowin’ and acquisitions are a-brewin’—and as both continue across our industry, Deli Market News will continue reportin'!

Schnuck Markets
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