1939 Group, Inc. has appointed David Bell as President to lead the newly formed holding company for Festival Foods, Hometown Grocers, and Schnuck Markets, aiming to unite family-owned grocery brands while driving growth and operational innovation.

Target Overview

1939 Group, Inc., newly established as a holding company for Festival Foods, Hometown Grocers, and Schnuck Markets, appointed David Bell as its President. In this pivotal role, Bell will implement the strategic vision, direct the organization’s strategy, and manage daily operations for the group, reporting directly to Chairman and CEO Todd Schnuck. The creation of 1939 Group signifies a commitment to bringing together family-owned grocery businesses with rich community ties.

With an intent to preserve the unique identities and cultures of the grocery brands it encompasses, 1939 Group is also focused on fostering collaborative opportunities for innovation and best practices among its companies. Under Bell's leadership, the organization aims to create a scalable platform that will spur growth and attract like-minded partners, redefining traditional grocery operations.

Industry Overview in the United States

The grocery industry in the United States is experiencing substantial changes, driven by demographic shifts, evolving consumer preferences, and advancements in technology. As health-consciousness among consumers