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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.
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.
Department stores merged with Federated and May Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The ...
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?
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.
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.
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.
Farmer Jack was a supermarket chain based in Detroit, Michigan. At its peak, it operated more than 100 stores, primarily in metropolitan Detroit. In its final years, the chain operated as the Midwest subsidiary of the New Jersey-based A&P Corporation. A&P closed the Farmer Jack chain on July 7, 2007. Farmer Jack stores were typically in ...