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SpartanNash (formerly Spartan Stores, Nash Finch) is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan. 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.
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. Under terms of the $1.3 billion deal, each Nash share would convert to 1.2 shares of Spartan Stock.
Seaway Food Town, Inc. was a company that operated the Food Town chain of supermarkets and The Pharm chain of discount drug stores in Northwest Ohio and Southeast Michigan. Based in Maumee, Ohio, it was founded in 1948 as a buying and advertising cooperative, incorporated as Seaway Food Town in 1957, and became a publicly traded company in the ...
Spartan Stores and Nash Finch to Combine to Create One of the Leading Grocery Wholesale and Retail Operators in the U.S. Brings Together Two Highly Complementary Organizations with Industry ...
Under the terms of the all stock-for-stock merger agreement, Nash Finch shareholders will receive a fixed ration of only 1.20 shares of Spartan Stores stock for each share of Nash Finch stock owned.
It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?" When judging a company's prospects, how ...
Glen's Markets. 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.
Margins matter. The more Spartan Stores (NAS: SPTN) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.