18.10.2010 15:59:00

Shop 'n Save® Grows Pharmacy Division with Acquisition of Rinderer's Drug Stores

SHOP ‘N SAVE, a grocery and drug retailer serving the St. Louis metropolitan area and Springfield, Ill., is expanding its network of pharmacies with the purchase of Rinderer’s Drug Stores, Inc., a family-owned company that has served the metro area for generations.

The sale involves all six Rinderer’s stores. Next month, three of the locations – 4447 Natural Bridge Ave., in St. Louis, Mo.; 500 U.S. Highway 50 West, in Union, Mo.; and 68 N. Bellwood Road, in Bethalto, Ill. – will become SHOP ‘N SAVE pharmacies.

The remaining Rinderer’s stores, which are located on Bellefontaine Road, in St. Louis, and Florissant Road, in Ferguson, Mo., will be closed later this month and their prescription files transferred to the following existing pharmacies in SHOP ‘N SAVE grocery stores:

  • 196 Mayfair Plaza Shopping Center, Florissant, Mo.
  • 9521 Lewis & Clark Blvd., Moline Acres, Mo.
  • 49 N. Florissant Road, Ferguson, Mo.

Letters will be sent to customers of the closing Rinderer’s stores, to make sure they know where their prescriptions will be transferred and the dates the changes will take place.

SHOP ‘N SAVE is also taking other steps to make the transition easier for affected customers. The company will accept all prescription insurance plans currently accepted by Rinderer’s, and SHOP ‘N SAVE plans to hire as many Rinderer’s associates as possible, so patients will continue to see familiar faces behind the counter.

"We are delighted to welcome new customers to our pharmacies, as we work to make this transition as seamless as possible” said SHOP ‘N SAVE President Marlene Gebhard.

"Our new patients can be confident that we will offer excellent service, as well as a number of resources that can help improve their health and well being.”

Based in St. Louis, Mo., Rinderer’s has a long history in the area. The Carlisle family owned the company and operated its stores for almost 50 years, prior to the recent sale.

"We want to thank our customers for giving us the opportunity to serve them for such a long time, and I believe this acquisition puts them in very good hands,” said Matthew Carlisle, President of Rinderer’s Drug Stores, Inc. "SHOP ‘N SAVE’s plans for our stores and associates ensure our patients will receive the same standard of care provided by Rinderer’s, with minimal disruption during the transition.”

The purchase of the six Rinderer’s stores will increase the number of pharmacies operated by SHOP ‘N SAVE to 34 in the St. Louis metropolitan area and Springfield, Ill.

About SHOP ‘N SAVE
SHOP ‘N SAVE, a wholly owned subsidiary of SUPERVALU INC. (NYSE: SVU), has been serving the greater St. Louis, Mo.; Springfield, Ill. and Jerseyville, Ill. areas since 1979. Known for its low prices, SHOP ‘N SAVE also offers its customers enhanced specialty departments, including bakery, deli, seafood and pharmacy. For additional information, visit the Web site at www.shopnsave.com or call (314) 984-0900.

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!