SureTrader SureTrader
Home > Boards > US Listed > Retail - Chains >

Spartan Foods (SPTN)

SPTN RSS Feed
Add SPTN Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board:
Last Post: 8/22/2016 10:55:28 AM - Followers: 3 - Board type: Free - Posts Today: 0

https://www.spartannash.com/

About Us

You are here

Home > About Us Company Profile > Company History

Company History

For decades, Spartan Stores and Nash Finch Company have separately served the needs of independent grocery stores, top-flight supermarkets, value-seeking consumers and military families. Then, on July 22, 2013, they announced they would merge into one company. 

The merger was completed on November 19, 2013, under the new name SpartanNash. This name represents a combination of the best of two companies that have brought together complementary capabilities and culture for the benefit of consumers and partners.

Now, everything you respect and valued about them is in one package. Economies of scale with a local touch. 

This is SpartanNash. 

Spartan Stores

Spartan Stores was first known as Grand Rapids Wholesale Grocery Company when it formed as a food wholesale cooperative in 1917. The resilience of the company was tested early on, but by the mid-1920s, it was a firmly-established business, posting a sales volume of $800,000 and above. The company actually grew in size and sales through the Depression and World War II, emerging with $10 million in sales in 1949.

By the late 1950s, the company had changed its name to Spartan Stores, Inc. and continued growing. Spartan had spread across the state of Michigan, expanded the business through acquisitions and added new lines of products to meet the demands of consumers. The company hit its first year at $100 million in sales in 1964 and hit $1 billion less than 20 years later in 1982. By 1991, sales were at $2 billion.

In 2000, Spartan stock became publicly traded on the NASDAQ National Market. Throughout the rest of the 2000s, Spartan continued expansion, particularly in the supermarket segment, adding 53 stores during this period.

Nash Finch Company

Nash Finch began as a small confectionary store in Devil’s Lake, North Dakota in 1885. The Nash brothers quickly expanded their business into wholesale fruit. By 1912, they were in the fruit growing business as well and continuing to expand. They moved the business to Minneapolis, MN, in 1919 and adopted the name The Nash Finch Company in 1921. 

After lean years during the Depression and World War II, the company hit the ground running in the 1950s, supporting the new supermarket segment while continuing to service the independent grocery market as a food distributor. Nash Finch got into the supermarket business itself in 1954 and began innovating in that market directly. By 1983, Nash Finch stock was being traded on the NASDAQ.

Nash Finch began expanding into the military sector through supplying commissaries and exchanges in 1992 and solidified that foothold with the purchase of Military Distributors of Virginia in 1995. Throughout the 90s and 2000s, Nash Finch sought to find innovative ways to serve its customers, both civilian and military.


 

   
  •  

    •  

Investor Relations

SpartanNash (Nasdaq: SPTN) is a Fortune 500 company and the largest food distributor serving military commissaries and exchanges in the United States, in terms of revenue. The Company’s core businesses include distributing food to military commissaries and exchanges and independent and corporate-owned retail stores located in 44 states and the District of Columbia, Europe, Cuba, Puerto Rico, the Axores, Bahrain and Egypt. SpartanNash operates 166 retail stores, including Bag ‘n Save, D&W Fresh Markets, Econofoods, Family Fare Supermarkets, Family Fresh Market, Family Thrift Center, Forest Hills Foods, Glen’s Markets, No Frills, Sun Mart, Supermercado Nuestra Familia, Valu Land, and VG’s Food and Pharmacy.   Read less

Listed Security

SPTN Common Stock

Transfer Agent

Computershare
P.O. Box 43078
Providence, RI 02940
Tel: 1-800-622-6757 (US, Canada & Puerto Rico)
Tel: 1-781-575-4735 (non-US)

Corporate Counsel

Warner Norcross & Judd LLP
900 Fifth Third Bldg.
111 Lyon Street NW
Grand Rapids, MI 49503
Tel: (616) 752-2000

Independent Accountants

Deloitte & Touche LLP
700 Bridgewater Place
333 Bridge Street NW
Grand Rapids, MI 49504
Tel: (616) 336-7900

                                                     
  •  

    •  
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
SPTN
Current Price
Volume:
Bid Ask Day's Range
SureTrader
SPTN News: SpartanNash Hires New Chief Human Resources Officer 09/15/2016 10:30:00 AM
SPTN News: Initial Statement of Beneficial Ownership (3) 08/29/2016 04:05:56 PM
SPTN News: Current Report Filing (8-k) 08/29/2016 09:10:02 AM
SPTN News: SpartanNash Appoints Dave Staples President and COO 08/29/2016 09:00:00 AM
SPTN News: SpartanNash Declares Quarterly Cash Dividend 08/26/2016 04:05:00 PM
PostSubject
#139   I made a leap of faith in SPTN digiholic 08/22/16 10:55:27 AM
#138   SPTN bullish 29.47 stocktrademan 06/05/16 12:42:32 PM
#137   Spartannash Company (SPTN) mick 05/30/16 11:15:01 AM
#136   I know Nash has been busy was ofspring 05/30/16 06:55:34 AM
#135   http://www.barchart.com/cheatsheet.php?sym=sptn mick 05/29/16 03:41:12 PM
#134   I bought 500 shares at 26.24 this morning digiholic 05/26/16 02:18:01 PM
#133   Yeah, it'll get there. Still a great digiholic 05/26/16 02:16:51 PM
#132   I thought it would have been better. .. ofspring 05/26/16 12:11:39 PM
#131   I've been trying to pick my re-entry too. digiholic 05/12/16 06:45:05 PM
#130   Hey digiholic I am hearing the distributions have ofspring 05/12/16 07:22:18 AM
#129   Back in for more of all 3, let's digiholic 01/07/16 10:36:56 AM
#128   Yeah, I had bought 450 shares at 20.85 digiholic 01/06/16 06:19:04 PM
#127   I see SPTN picked up Gordys from svu... ofspring 01/06/16 12:47:06 PM
#126   I have a flip sell in for 23.25. digiholic 12/02/15 01:46:00 PM
#125   22.61 not bad.. you see that big volume ofspring 12/02/15 11:56:22 AM
#124   I don't know why the grocery has been ofspring 12/01/15 03:11:23 PM
#123   This needs to find some gains back to digiholic 12/01/15 02:20:28 PM
#122   Well, got my 22.05 this morning, now I'm digiholic 11/30/15 09:50:01 AM
#121   Yeah I kinda agree the market has been ofspring 11/13/15 11:12:54 AM
#120   I think they are just in a transition. digiholic 11/13/15 09:50:55 AM
#119   Next quarter should be better with the big ofspring 11/12/15 05:08:22 PM
#118   Yeah, caught me off guard too. I've digiholic 11/12/15 05:00:26 PM
#117   Yikes what happened here???? ofspring 11/12/15 12:38:04 PM
#116   I bought back in at 26.09, which now digiholic 10/02/15 10:07:06 AM
#115   SPTN http://www.businesswire.com/news/home/20150819006194/en/SpartanNash-Announc ofspring 08/19/15 04:43:57 PM
#114   That would be an interesting twist. They digiholic 07/03/15 11:09:42 AM
#113   Rumors are running around save a lot stores ofspring 06/30/15 10:07:56 AM
#112   I've already used like 100 lbs of lump digiholic 05/14/15 11:35:53 PM
#111   The produce sector is hot right now berries ofspring 05/14/15 03:21:07 PM
#110   Man, the stock is in beast mode! digiholic 05/14/15 03:10:24 PM
#109   SPTN first quarter 2015 financial results after the ofspring 05/13/15 07:19:09 PM
#108   SpartanNash Company Annual Shareholders Meeting to be Held ofspring 04/20/15 04:47:44 PM
#107   I think it has more room to move up... ofspring 04/08/15 03:02:40 PM
#106   I guess the cat is out of the bag! digiholic 04/03/15 10:15:33 AM
#105   SPTN kicking ass... Green ofspring 04/02/15 12:28:39 PM
#104   Another nice green day SPTN.... ofspring 03/31/15 03:05:01 PM
#103   http://stockcharts.com/c-sc/sc?s=SPTN&p=D&b=5&g=0&i=t99302520848&r=14277646 ofspring 03/30/15 09:18:43 PM
#102   Big green SPTN..... ofspring 03/30/15 10:19:36 AM
#101   $30! digiholic 03/27/15 04:18:21 PM
#100   WooooHoooo look at the ride SPTN... Looking good ofspring 03/20/15 02:13:33 PM
#99   I am loving it! Ching ching ching! digiholic 03/20/15 01:22:05 PM
#98   30s are coming SPTN..... ofspring 03/20/15 10:21:46 AM
#97   Hitting record highs SPTN got go back to ofspring 03/17/15 05:23:14 PM
#96   Ah its nice out finally. .. The early ofspring 03/10/15 12:03:47 PM
#95   Yes, man, it's been a great new year! digiholic 03/05/15 03:46:40 PM
#94   Yep it sure is Nash was a great ofspring 03/04/15 02:58:26 PM
#93   Looks like money to me:) digiholic 03/04/15 11:51:28 AM
#92   8k out just glanced at it looks good ofspring 03/03/15 04:50:24 PM
#91   That's what I am thinking! digiholic 03/02/15 01:21:27 PM
#90   Another increase I dividend SPTN.... HUMMMMM must ofspring 03/02/15 10:15:50 AM
PostSubject