Schnucks Cuts 10,000 Prices in EDLP Shift

ST. LOUIS -- Schnuck Markets here has lowered prices on more than 10,000 items in 68 stores in the St. Louis and Springfield, Ill., markets, becoming the latest grocery chain to adopt an everyday-low-price stance in the face of new competition.

ST. LOUIS -- Schnuck Markets here has lowered prices on more than 10,000 items in 68 stores in the St. Louis and Springfield, Ill., markets, becoming the latest grocery chain to adopt an everyday-low-price stance in the face of new competition. The company in a statement said the changes represent “a significant, long-term investment” in pricing made possible by more efficient operations. “We met with our associates and explained that if we could cut our operating costs, we c

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TAGS: Marketing