Kroger subsidiary Tom Thumb purchasing seven Memphis, Tennessee-area convenience stores currently operated by Schnuck Markets; new stores will be operated under banner Kwik Shop
September 6, 2011
Tom Thumb, a wholly-owned subsidiary of The Kroger Co. (NYSE:KR), today announced its purchase of seven convenience stores in the Memphis area currently operated by Schnuck Markets, Inc.
The convenience stores will be operated by Kroger’s Tom Thumb division under the banner name Kwik Shop.
“We are pleased to enter this important market with our Kwik Shop convenience store banner,” said Van Tarver, vice president of convenience stores for Kroger. “We will strive to operate stores staffed with great people who want to make your shopping experience as efficient and enjoyable as possible.”
The convenience stores being acquired are located as follows: 6740 Stage Rd. Bartlett, TN; 1210 Germantown Park, Cordova, TN; 9423 Poplar Ave., Germantown, TN; 3950 Goodman Rd., Horn Lake, MS; 945A Goodman Rd. E, Southaven, MS; 9023 US Hwy. 64, Lakeland, TN; and 751 Truse Pkwy., Memphis, TN.
Tom Thumb Food Stores is a convenience store division of The Kroger Co. Tom Thumb currently operates 116 stores in Florida and Alabama. More information is available at the following link: www.tomt.com