Schnucks chairman, CEO announces $11 million investment in southwest Indiana

St. Louis-based chain to open two new stores, remodel three in Evansville, Ind.

EVANSVILLE, Ind. — Schnuck Markets will build two new stores and remodel three in southwest Indiana, the supermarket chain said Tuesday.

Schnucks said it planned to invest more than $11 million in Evansville, Ind., which is the largest city in southwest Indiana. Chairman and CEO Scott Schnuck announced the plans at the Southwest Indiana Chamber of Commerce's annual meeting and dinner.

"We are getting close to an agreement that would allow us to replace our Evansville East store with a brand new, state-of-the-art facility," Schnuck said. "While we aren't quite finalized yet, we are moving towards an agreement for this location."

Meanwhile, the remodels will take place in 2014, with the Evansville North, Evansville West and Green River Road stores scheduled for upgrades. Schnucks has operated in Evansville since 1977, originally opening the Evansville North and Evansville East stores under a partnership with Walgreens, which Schnucks later bought out.

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