SpartanNash

Last updated

SpartanNash Company
SpartanNash
Company type Public
Nasdaq:  SPTN
S&P 600 Component
Industry Retailer
Distribution
Predecessors
Founded2013;11 years ago (2013)
Headquarters Byron Center, Michigan
Key people
  • Tony B. Sarsam (President and CEO)
ProductsPrivate label grocery brands
RevenueIncrease2.svg $9.348 billion USD (2021)
Number of employees
17,000 [1]  (2024)
Subsidiaries various chains
Website www.spartannash.com

SpartanNash (formerly Spartan Stores, Nash Finch) is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan. [2] The company's core businesses include distributing food to independent grocers, military commissaries, and corporate-owned retail stores in 44 states, Europe, Latin America, and the Middle East. SpartanNash operates 144 corporate-owned retail stores under a number of brands located in North Dakota, South Dakota, Nebraska, Minnesota, Iowa, Indiana, Wisconsin, Michigan, and Ohio, many of which were local grocery chains acquired by SpartanNash. In terms of revenue, it is the largest food distributor serving military commissaries and exchanges in the United States. It is known for its Our Family line of products and formerly the "Spartan" line of products. [3]

Contents

History

The Grand Rapids Wholesale Grocery Company was founded in 1917 and assumed the Spartan Stores name in 1957. [4] 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. [5]

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. [6]

In 2005, Spartan was expected to purchase Farmer Jack, but did not consider the chain a good acquisition. The company agreed to acquire D&W Food Centers, Inc. [5] 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. [7] In February 2011, the last Felpausch in Coldwater, Michigan switched over to the Family Fare name. [4]

In April 2008, Spartan announced that the store and customer lists of 12 of the 14 remaining Pharm stores would be sold to Rite Aid. The remaining two Michigan stores were sold in separate transactions. Industry experts said Rite Aid would likely keep the stores open and convert them to its own format and brand. [6] In October 2008, Spartan announced it would purchase VGs Grocery and Pharmacy stores in Michigan. [8]

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. [9]

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. [10]

On January 9, 2017, SpartanNash completed its acquisition of Catio Foods and Blue Ribbon Transport (BRT). [11]

In March 2017, it was announced that David Staples would replace Dennis Edison as chief executive officer of SpartanNash. Edison continued as the chairman of the company's board of directors after he retired as CEO in late May. [12] As of 2021, the CEO is Tony B. Sarsam. [2]

In 2018, SpartanNash announced to their Fergus Falls Sun Mart employees on June 15, that the location would be aiming for a July 14 closure. [13] Also in 2018, the Spartan brand in Michigan was dropped and replaced by the Our Family brand on private label products. [14]

On December 31, 2018, SpartanNash completed its acquisition of South Bend, Indiana-based Martin's Super Markets. [15] [16]

Spartan delivery truck, Romulus, Michigan Spartan delivery truck Romulus Michigan.JPG
Spartan delivery truck, Romulus, Michigan

Retail chains

Current

No Frills Supermarkets logo No Frills Supermarkets logo.png
No Frills Supermarkets logo

Source: [17]

Former

Related Research Articles

Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.

<span class="mw-page-title-main">Jewel-Osco</span> American supermarket chain

Jewel-Osco is a regional supermarket chain in the Chicago metropolitan area, headquartered in Itasca, a western suburb. In 2007, the company had 188 stores across northern, central, and western Illinois; eastern Iowa; and portions of northwest Indiana. Jewel-Osco has been a wholly owned subsidiary of Boise-based Albertsons since 1999. The company originally started as a door-to-door coffee delivery service before it expanded into delivering non-perishable groceries and later into grocery stores, and supermarkets. Prior to its 1984 acquisition by American Stores, Jewel evolved into a large multi-state holding company that operated several supermarket chains and other non-food retail chain stores located from coast to coast and had operated under several different brand names.

Sobeys Inc. is a national supermarket chain in Canada with over 1,500 stores operating under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billion in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate.

<span class="mw-page-title-main">Kroger</span> American retail company

The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the United States.

<span class="mw-page-title-main">Hy-Vee</span> American supermarket chain

Hy-Vee, Inc. is an employee-owned chain of supermarkets in the Midwestern and Southern United States, with more than 280 locations in Iowa, Illinois, Kansas, Minnesota, Missouri, Nebraska, South Dakota, Wisconsin, with stores planned in Indiana, Kentucky, Tennessee, and Alabama. Hy-Vee was founded in 1930 by Charles Hyde and David Vredenburg in Beaconsfield, Iowa, in a small brick building known as the Beaconsfield Supply Store, which is listed on the National Register of Historic Places.

<span class="mw-page-title-main">Meijer</span> American hypermarket chain

Meijer Inc. is an American supercenter chain that primarily operates throughout the Midwestern United States. Its corporate headquarters are in Walker, Michigan, which is a part of the Grand Rapids metropolitan area. Founded in 1934 as a supermarket chain, Meijer is credited with pioneering the modern supercenter concept in 1962. About half of the company's 259 stores are located in Michigan; the others are in Illinois, Indiana, Kentucky, Ohio, and Wisconsin. The chain is ranked by Forbes as the 14th-largest private company in the United States, and is the country's 21st-largest retailer by revenue as of 2020.

<span class="mw-page-title-main">D&W Fresh Market</span> American grocery store chain

D&W Fresh Market is an American supermarket chain owned and operated by SpartanNash. Begun in Grandville, Michigan, the chain consists of ten stores in the Lower Peninsula of Michigan.

SuperValu, Inc., was an American wholesaler and retailer of grocery products. The company, formerly headquartered in the Minneapolis suburb of Eden Prairie, Minnesota, had been in business since 1926. It is a wholly owned subsidiary of United Natural Foods (UNFI).

<span class="mw-page-title-main">Cub (supermarket)</span> American supermarket chain owned by United Natural Foods

Cub is an American supermarket chain. It operates stores in Minnesota and Illinois. The company is a wholly owned subsidiary of United Natural Foods, based in Providence, Rhode Island.

<span class="mw-page-title-main">Econofoods</span>

Econofoods is a grocery chain located in the US which, at its peak, had stores in Minnesota, Wisconsin, the Upper Peninsula of Michigan, Iowa, Wyoming, South Dakota, and North Dakota. Econofoods was formerly a brand of SpartanNash, and was listed among its retail banners until November 2021.

The Nash Finch Company was a Fortune 500 company based in Edina, Minnesota, United States. The company was involved in food distribution to private companies, primarily independent supermarkets, and military commissaries; and the operation of retail stores.

Felpausch was a grocery store chain based in Hastings, Michigan, United States. The first store opened in Hastings in 1933, and the chain operated primarily in the southwestern quadrant of Michigan's Lower Peninsula. Its 20 locations were sold to Spartan Stores, who largely converted them to Family Fare and D&W Fresh Market.

<span class="mw-page-title-main">Hugo's</span>

Hugo's Family Marketplace is a family-owned chain of supermarket grocery stores located in the U.S. states of North Dakota and Minnesota. It was founded by Hugo and Dorothy Magnuson in 1939. Hugo's is headquartered in the city of Grand Forks, North Dakota. The chain's stores have been supplied by the Nash Finch Company since 1939. Nash Finch was once headquartered in Grand Forks, but moved to Minneapolis, Minnesota in 1919.

<span class="mw-page-title-main">C&S Wholesale Grocers</span> American wholesale distributor

C&S Wholesale Grocers is a national wholesale grocery supply company in the United States, based in Keene, New Hampshire. In 2021 it was the eighth-largest privately held company in the United States, as listed by Forbes. C&S operates and supports corporate grocery stores and services independent franchisees under a chain-style model throughout the Midwest, South and Northeast. C&S owns the Piggly Wiggly grocery brand, which is independently franchised to store operators, the Grand Union supermarkets brand, as well as several private label brands, including Best Yet.

Roundy's Supermarkets is an American supermarket operator. It owns and operates stores under the names of Pick 'n Save, Metro Market, and Mariano's Fresh Market. The chain is a subsidiary of Kroger. Roundy's operates 149 supermarkets and 107 pharmacies throughout the states of Wisconsin and Illinois. Based on fiscal year 2012 sales, Roundy's was the 37th largest grocery store chain and the 89th largest retailer in the United States. As of December 2015, Roundy's became a subsidiary of Kroger of Cincinnati, Ohio.

Dominick's was a Chicago-area grocery store chain and subsidiary of Safeway Inc. Dominick's distribution center was located in Northlake, Illinois, while its management offices were located in Oak Brook, Illinois.

<span class="mw-page-title-main">Kwik Trip</span> Midwestern convenience store and gas station chain

Kwik Trip is a chain of convenience stores founded in 1965 with locations throughout Michigan, Minnesota, and Wisconsin under the name Kwik Trip, and in Illinois, Iowa, and South Dakota under the name Kwik Star. The company also operates stores under the name Tobacco Outlet Plus, Tobacco Outlet Plus Grocery, Hearty Platter, Kwik Spirits, and Stop-N-Go. Kwik Trip, Inc. is a privately held company headquartered in La Crosse, Wisconsin.

Glen's Markets was an American supermarket chain founded in Gaylord, Michigan in 1951. The chain had over 20 stores throughout northern Michigan at its peak. It was a subsidiary of SpartanNash, who converted most of the chain's locations to its Family Fare banner between 2010 and 2014.

<span class="mw-page-title-main">Family Fare</span> Supermarket chain in the United States

Family Fare is an American supermarket chain. A division of SpartanNash, it has operated stores in Michigan since 1966, and also operates in North Dakota, Nebraska, Iowa, South Dakota, Minnesota, and Wisconsin.

References

  1. ↑ "SpartanNash". SpartanNash. Retrieved March 5, 2024.
  2. 1 2 "SpartanNash". Fortune. Archived from the original on April 3, 2019. Retrieved July 22, 2021.
  3. ↑ "SpartanNash introduces Our Family brand to Michigan retail stores, independent retail customers". SpartanNash Company. Archived from the original on July 15, 2019. Retrieved July 15, 2019.
  4. 1 2 3 Stoy, Roland (February 3, 2011). "Name changed on local store". The Daily Reporter. Gatehouse Media. Retrieved December 15, 2017.
  5. 1 2 "Spartan Stores to Purchase D&W Food Centers". Progressive Grocer. EnsembleIQ. December 20, 2005. Retrieved December 15, 2017.
  6. 1 2 3 4 Chavez, Jon (April 4, 2008). "Spartan to sell Pharm to Rite-Aid". The Blade . Retrieved May 19, 2014.
  7. 1 2 Bond Emrich, Anne (March 23, 2007). "Spartan Buys Felpausch Stores". Grand Rapids Business Journal. Gemini Publications. Retrieved November 7, 2020.
  8. ↑ Yakey, Randal (December 8, 2008). "Spartan Stores purchast VG's". The Oakland Press . Retrieved May 19, 2014.
  9. ↑ "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.
  10. ↑ "Spartan Stores to become SpartanNash with completion of Nash Finch deal". MLive. Retrieved July 16, 2014.
  11. ↑ "SpartanNash Completes Acquisition of Caito Foods Service and Blue Ribbon Transport". Business Wire . January 9, 2017. Retrieved April 19, 2019.
  12. ↑ "Grand Rapids-based SpartanNash names new CEO". Crain's Detroit Business. March 6, 2017. Retrieved March 6, 2017.
  13. ↑ "Sun Mart in Fergus Falls closing". FNS. June 18, 2018. Retrieved June 20, 2018.
  14. ↑ "SpartanNash introduces Our Family® brand to Michigan retail stores, independent retail customers". Archived from the original on July 15, 2019. Retrieved July 15, 2019.
  15. ↑ Bauer, Caleb; Semmler, Ed (November 21, 2018). "Michigan Company Buying Martin's Super Markets Says It Won't Change Name or Close Stores". South Bend Tribune . p. A1. Retrieved November 21, 2018.
  16. ↑ Bauer, Caleb (January 4, 2019). "Acquisition of Martin's Supermarkets by SpartanNash Is Finalized". South Bend Tribune. p. A1. Retrieved January 4, 2019.
  17. ↑ "Our retail banners". SpartanNash Company. Retrieved February 14, 2019.
  18. ↑ Soderlin, Barbara (February 27, 2015). "Bag 'N Save, No Frills owner to close 3 stores, remodel 6 others". Omaha World-Herald. Retrieved February 14, 2019.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.