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-0.00162262401483543 -0.00162262401483543 -0.00231803430690778 -0.000927213722763077 0 0.0101993509503942 0.0013908205841447 0.0013908205841447
Stock impact report

SpartanNash Acquiring Fresh Encounter Inc., Growing Retail Footprint by 33% [Yahoo! Finance]

SpartanNash Company (SPTN) 
Last spartannash company earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: spartannash.com/investors
Company Research Source: Yahoo! Finance
GRAND RAPIDS, Mich. Oct. 14, 2024 /PRNewswire/ -- Food solutions company (the "Company") (Nasdaq: SPTN) today announced its acquisition of Fresh Encounter Inc. ("FEI"), a 49-store supermarket chain serving Ohio Indiana and Kentucky . Owned by third-generation grocers Michael Needler Jr. and Julie Anderson , FEI has been a food distribution customer of SpartanNash for 58 years. SpartanNash will continue employment for FEI's 2,500 team members. "Fresh Encounter has been a successful family-owned and operated business for decades, and we are proud to continue this legacy," said SpartanNash CEO Tony Sarsam . "This acquisition is an exciting milestone in our Company's strategic growth plans. Not only will we welcome 2,500 new Associates to the SpartanNash family, we will also begin serving shoppers in Kentucky and grow our existing footprint across Ohio and Indiana . Retail is a critical component of our business model and long-term strategic plan, as we meet consumer needs and leverage Show less Read more
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