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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.
Nash Finch Company, headquartered in Edina, Minnesota (a Minneapolis suburb), was the second largest publicly traded wholesale food distributor in the United States, in terms of revenue, serving the retail grocery industry and the military commissary and exchange systems. Annual sales were approximately $5.21 billion.
History. The first Family Fare store opened in 1966 in Holland, Michigan. It was an existing supermarket which was acquired in 1973 by Don Koop. [1] [2] By the 1990s, the chain was owned by Spartan Stores (now SpartanNash ), and had added locations in Byron Center and Lowell. [3] Family Fare expanded into Indiana in the late 1980s with four ...
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.
Spartan Stores (SPTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Spartan Stores (SPTN) delivered earnings and revenue surprises of 1.89% and -1.05%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
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.
Spartan Stores (SPTN) delivered earnings and revenue surprises of 13.79% and 6.78%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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