SpartanNash

SpartanNash
Public
Traded as NASDAQ: SPTN
S&P 600 Component
Industry Grocery
Founded 1917
Headquarters Byron Center, Michigan
Key people
  • Dave Staples (President and CEO)
  • Craig Sturken (Executive Chairman)
  • Michael Noel (Operations Director)
Products Private label grocery brands, grocery
Services Distributor
Website www.spartannash.com

SpartanNash is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan. In terms of revenue, it is the largest food distributor serving military commissaries and exchanges in the United States. The Company’s core businesses include distributing food to military commissaries, independent grocers, and corporate-owned retail stores in 44 states, Europe, Latin America, and the Middle East. SpartanNash operates 142 retail stores located in ND, SD, NE, MN, IA, WI, MI, OH.

History

The Grand Rapids Wholesale Grocery Company was founded in 1917 and assumed the Spartan Stores name in 1957.[1] For most of its history, Spartan was a cooperative. Spartan changed to for profit in the 1970s and was first traded on the NASDAQ in August 2000.

D&W Food Centers began using Spartan as a supply in 1961 following soon supplied with Spartan and D&W private label products. In 2000, D&W switched to Supervalu.[2]

In 2000, Spartan Stores bought the Seaway Foodtown company whose operations included 47 Food Town Supermarkets and 26 The Pharm deep-discount drugstores. By 2003, the company had discontinued Food Town operations.[3]

In 2005, Spartan was expected to purchase Farmer Jack chain, but did not consider Farmer Jack a good acquisition. The company agreed to acquire D&W Food Centers, Inc.[2] in March 2006. In 2007, Spartan acquired the Felpausch chain consisting of 20 stores, nine with in-house pharmacies, three convenience stores, and two fuel centers.[4]

In April 2008, Spartan announced that the store and customer lists of 12 of the 14 remaining Pharm stores will be sold to Rite Aid. The remaining two Michigan stores will be sold in separate transactions. Industry experts said Rite Aid would likely keep the stores open and convert them to its own format and brand.[3] In October 2008, Spartan announced it would purchase VGs Grocery and Pharmacy stores in Michigan.[5]

In February 2011, the last Felpausch in Coldwater switched over to the Family Fare name.[1] 13 Glen's Markets in Northern Michigan, began undergoing conversion to the Family Fare name starting in May 2013. Three new Valu Land stores were also opened in 2013.[6]

In 2018, Grocery distributor and retailer SpartanNash announced to their Fergus Falls Sun Mart employees on Friday, June 15, that the location would be aiming for a July 14 closure. [7]

SpartanNash

In 2013, Spartan Stores and Nash Finch merged and formed SpartanNash company. The official name change was to occur May 2014, while continuing to operate as Spartan Stores, Nash Finch and MDV in their prior markets.[8]

In March 2017. it was announced that David Staples will replace Dennis Edison as Chief Executive Officer of SpartanNash. Edison will continue as the chairman of the company's board of directors after he retires as CEO in late May.[9]

Spartan delivery truck, Romulus, Michigan

Retail chains

  • D&W Fresh Markets (2006-present) Western Michigan[2]
  • Felpausch (2007-2011) switched over to the Family Fare name[1]
  • Family Fare Supermarkets[4]
  • Glen’s Markets[4]
  • The Pharm (2000-2008)[3] drug stores and fuel centers[4]
  • Food Town Supermarkets (2000-2003)[3]

Distribution units

References

  1. 1 2 3 Stoy, Roland (February 3, 2011). "Name changed on local store". The Daily Reporter. Gatehouse Media. Retrieved December 15, 2017.
  2. 1 2 3 "Spartan Stores to Purchase D&W Food Centers". Progressive Grocer. EnsembleIQ. December 20, 2005. Retrieved December 15, 2017.
  3. 1 2 3 4 Chavez, Jon (April 4, 2008). "Spartan to sell Pharm to Rite-Aid". The Blade. Toledo, OH. Retrieved May 19, 2014.
  4. 1 2 3 4 Bond Emrich, Anne (March 23, 2007). "Spartan Buys Felpausch Stores". Grand Rapids Business Journal. Gemini Publications. Retrieved December 15, 2017.
  5. ↑ Yakey, Randal (December 8, 2008). "Spartan Stores purchast VG's". The Oakland Press. Retrieved May 19, 2014.
  6. ↑ "Spartan Stores CEO expected to talk about plans to convert 13 Glen's Markets to Family Fare stores". MLive. May 23, 2013. Retrieved July 16, 2014.
  7. ↑ "Sun Mart in Fergus Falls closing". FNS. Jun 18, 2018. Retrieved Jun 20, 2018.
  8. 1 2 "Spartan Stores to become SpartanNash with completion of Nash Finch deal". MLive. Retrieved July 16, 2014.
  9. ↑ "Grand Rapids-based SpartanNash names new CEO". Crain's Detroit Business. 2017-03-06. Retrieved 2017-03-06.
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