SpartanNash Company (SPTN) Sector
Consumer Staples

(Current) $18.17
0.10 (0.55%) Open Price: 18.22

 

SpartanNash Co. is a prominent American food distribution and retail company headquartered in Grand Rapids, Michigan. The company was formed in 2013 through the merger of Spartan Stores and Nash Finch Company, combining over a century of experience in the grocery and food distribution industry. SpartanNash operates through two primary segments: food distribution and retail, providing a comprehensive range of products and services to independent and chain retailers, military commissaries, and its own retail stores. The company's mission is to leverage its extensive distribution network and retail expertise to deliver quality food products and value to its customers.

 

The food distribution segment is the cornerstone of SpartanNash's operations. The company supplies a wide variety of grocery products, including fresh produce, meat, dairy, frozen foods, and dry goods, to over 2,100 independent and corporate-owned retail locations across the United States. SpartanNash also serves as a major distributor to military commissaries and exchanges around the world, providing essential grocery items to service members and their families. This segment emphasizes efficiency and reliability, leveraging a robust logistics infrastructure to ensure timely delivery and exceptional service to its diverse customer base.

 

SpartanNash's retail segment comprises approximately 147 corporate-owned grocery stores operating under various banners, including Family Fare, D&W Fresh Market, VG's Grocery, and others. These stores offer a full range of supermarket products and services, catering to local communities with a focus on quality, value, and customer service. SpartanNash's retail operations are designed to complement its distribution business, creating a synergistic relationship that enhances overall market presence and competitiveness. The company's retail stores are known for their clean, well-organized layouts and a strong emphasis on fresh, locally sourced products.

 

Innovation and growth are central to SpartanNash's strategy. The company continuously explores new ways to enhance its product offerings and improve operational efficiencies. This includes investing in technology and automation to streamline supply chain processes, as well as expanding its private label product lines to offer customers more choices and better value. SpartanNash is also committed to expanding its geographic reach through strategic acquisitions and partnerships, enabling it to serve more customers and enter new markets. The company's focus on innovation helps it stay ahead in a competitive industry and meet the evolving needs of its customers.

 



 

(11/19/24) $18.22
(11/21/24) $18.07
(11/21/24) (Qty.)151,909
(11/19/24) $17.95
(11/19/24) $18.28
(11/10/24) $17.88
(11/03/24) $23.00
Stocktwits
LetsEncrypt SSL Secure Stripe Payment Processing