Schnuck’s parent acquires Festival Foods and Hometown Grocers

Core Insights - Schnuck Markets' holding company, the 1939 Group, has acquired Wisconsin-based grocery chains Festival Foods and Hometown Grocers, expanding its store network to 164 locations and adding 8,000 employees [1][2]. Group 1: Acquisition Details - The acquisition includes 51 stores in Wisconsin, with Festival Foods operating 42 and Hometown Grocers managing 9 [2]. - Schnuck Markets operates 113 stores across Missouri, Illinois, and Indiana [2]. - The deal was announced in September 2025 and involves purchasing shares from CEO Mark Skogen and employees through an employee stock ownership plan [2]. Group 2: Operational Structure - Festival Foods and Hometown Grocers will continue to operate as independent entities with their current headquarters [3]. - Todd Schnuck will take over as chairman and CEO of both Festival Foods and Hometown Grocers, succeeding Skogen [3]. - The brands will retain their existing banners, emphasizing a focus on customer service during the busy season [3][4].