Shop 'n Save
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Company type | Subsidiary |
---|---|
Industry | Retail |
Founded | 1979 |
Headquarters | Kirkwood, Missouri, U.S. |
Number of locations | 39 |
Products | Bakery, dairy, deli, frozen foods, grocery, meat, pharmacy, produce, seafood, snacks, liquor |
Parent | SuperValu |
Website | www |
Shop ’n Save is a grocery store chain with 36 stores in the St. Louis, Missouri market. The company, headquartered in Kirkwood, Missouri,[1][2] is currently a wholly owned subsidiary of SuperValu, based in Eden Prairie, Minnesota.
SuperValu also licenses the Shop ’n Save name to 90 stores in Western Pennsylvania, Eastern Ohio, West Virginia, and Maryland. These stores are supplied through the SuperValu Wholesale division. In July 2016, Supervalu purchased 22 Food Lion locations in Maryland, Pennsylvania, West Virginia, and Virginia. These stores would not be a part of SuperValu’s corporately owned Shop 'n Save retail banner and they planned to offer these stores to their wholesale customers to operate.[3] In August 2018, it was announced that 13 of the formerly purchased Food Lion locations would be closed in September 2018.[4]
History
Shop ’n Save was founded in 1979 as a grocery store in Belleville, Illinois, near St. Louis, Missouri. The chain now includes 33 stores in the St. Louis metropolitan area, and 3 additional stores in Springfield, Illinois.[5]
In 1983, the retail chain was acquired by Wetterau, Inc. Nine years later, in 1992, Wetterau was acquired by SuperValu, and Shop ’n Save has been a subsidiary of SuperValu since.[6]
Shop 'n Save largely operates as a "hybrid" of a full-service grocery like its St. Louis-area competitors, Schnucks and Dierbergs, and discount grocers such as Aldi. Like a full-service store, its stores have a large square footprint and include a deli, butcher, large liquor section, and pharmacy, but like a discount grocer its furnishings are much more spartan, a substantial portion of its items for sale are private-label, and shoppers must bag their own purchases (though unlike at some discount supermarkets paper and plastic bags are provided free of charge).
In April 2018, SuperValu announced it was pursuing the sale of corporately owned Shop ’n Save stores in the St. Louis market as well as 21 of the former Food Lion locations it purchased in 2016.[7] On September 18, 2018, SuperValu announced it was selling 19 of its locations to Schnucks Markets with the remaining locations to be sold to other buyers or closed before the end of the year.[8]
See also
References
- ^ Stroud, Jerri. "Ground Broken, Work Stalled." St. Louis Post-Dispatch. May 3, 1989. Edition 5, Page 9a. Retrieved on August 19, 2009.
- ^ "Home." Shop 'n Save. Retrieved on July 22, 2010. "10461 Manchester Road St. Louis, MO 63122" (the address says "St. Louis, MO," but it points to a location in Kirkwood
- ^ "More than 20 area Food Lion stores to be converted to Shop 'N Save". heraldmailmedia.com. July 14, 2016. Retrieved April 25, 2018.
- ^ "Shop 'n Save closing locations in the four-state area". localdvm.com. August 9, 2018. Retrieved August 14, 2018.
- ^ "Shop 'n Save Search Stores". Shop ’n Save. April 25, 2018. Retrieved April 25, 2018.
- ^ "COMPANY NEWS; Super Valu Is Buying Wetterau for $1.1 Billion". New York Times. June 10, 1992. Retrieved April 25, 2018.
- ^ "Firm out to sell Shop 'n Saves in St. Louis, not in Western Pa". Observer-Reporter.com. April 25, 2018. Retrieved April 25, 2018.
- ^ "Schnucks buying 19 Shop 'n Save stores in 'generational transaction,' with plans to rebrand them as Schnucks". St. Louis Post-Dispatch. September 18, 2018. Retrieved September 18, 2018.
External links