Schnuck Markets Acquires Mahomet IGA
LOUIS, MO - Winds are a-blowin’ and acquisitions are a-brewin’! The Missouri-based Schnuck Markets announced that it has acquired Mahomet IGA in Mahomet, Illinois. With this new store, Schucks will be increasing its footprint to four locations in the Champaign-Urbana metropolitan area.
“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 company’s press release stated 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 today to make employment offers.
“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.”
The Marshes will remain the owners of the 38,000-square-foot building, which will be leased to Schnucks. An 8 a.m. ribbon-cutting ceremony will precede the April 1 opening.
“Our business and community have been such blessings in our lives,” Tammy Marsh added. “I look forward to what Schnucks will bring to these customers that have been like family to us.”
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