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SCHNUCK MARKETS RECOGNIZED AS A US BEST MANAGED COMPANY

Schnuck Markets Recognized as a US Best Managed Company

Grocer honored by Deloitte Private and The Wall Street Journal for second consecutive year


ST. LOUIS, May 12, 2023 – For the second consecutive year, Schnuck Markets, Inc. is proud to announce it has been selected as a 2023 US Best Managed Company. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams.


The 2023 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic culture, as well as strong financials. Designees propelled their businesses forward and remained true to their purpose and values by investing in their people, creating advantage through digital transformation, taking measurable action on sustainability and demonstrating their commitment to diversity, equity and inclusion.


“We’re honored, grateful and, most of all, humbled to be recognized as a US Best Managed Company once again this year,” said Schnucks Chairman and CEO Todd Schnuck. “This is only possible because of the efforts of our 12,000 teammates at all levels of our organization, along with our board members and shareholders, who are committed not only to our company’s mission to nourish people’s lives but also to serving the many communities throughout the Midwest that Schnucks calls home.”


Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.


About the Best Managed Companies Program

The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.


About Schnucks

Founded in St. Louis in 1939, Schnuck Markets, Inc. is a third and fourth generation, family-owned grocery retailer committed to nourishing people’s lives. Schnucks operates 115 stores, serving customers in Missouri, Illinois, Indiana and Wisconsin and employs 12,000 teammates. According to Forbes’ 2022 rankings, Schnucks is the 178th largest privately-owned company in the United States and the 14th largest privately-owned grocer. Schnucks is committed to helping communities thrive and as a champion for reducing hunger, the company annually donates more than $14 million in food to pantries that help those in need.

Media Contact

Paul Simon314-994-4603mediarelations@schnucks.com