Schnuck Markets Inc. will not renew its lease at the Wilshire Village store, 634 Berkshire Blvd. in East Alton, the chain announced Friday.
The 22,000-square-foot store will close at 6 p.m. on Sunday, Aug. 4. All of the store’s 27 teammates will be offered transfers to other nearby Schnucks stores and will retain their same rate of pay. Since it was acquired in October 2018, the store has consistently suffered from poor sales.
“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,” said Schnucks Chairman and CEO Todd Schnuck.
The company’s stores in Wood River, Bethalto and Alton are all within 4.5 miles of the Wilshire Village location.
Schnucks will be depositing $15 in Schnucks Rewards points into the accounts of each Schnucks Rewards customer whose home store, as of July 3, is Wilshire Village. The Rewards points will automatically be deposited on Aug. 4.
“This is a way for us to thank Wilshire Village customers who have been loyal to this store long before we acquired it, while also encouraging them to continue shopping with us at one of our eight other Madison County stores or any Schnucks store they choose,” said Schnuck.
Points will be awarded to Schnucks Rewards customers who, as of July 3, had Wilshire Village selected as “My Store” within their Schnucks Rewards account. Points will also be awarded to those who, as of July 3, had made more Rewards purchases at Wilshire Village than any other
Schnucks store. No additional action is required by customers.