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Stock impact report

SpartanNash's recent growth spurt may be just the beginning [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
time involving Fresh Encounter, Inc., and its network of 49 stores in Ohio, Indiana, and Kentucky. In April, the Byron Center, Mich., food distributor and grocery retailer acquired Metcalfe's Market, a three-store grocery chain in Wisconsin. The Fresh Encounter purchase expands SpartanNash's retail footprint by 33%. Fresh Encounter operates under the retail store banners Community Markets, Remke Markets, Chiefs Markets, and Needler's Fresh Market. The transaction, the details of which were not disclosed, is expected to close in late November and will increase SpartanNash's reach to 196 stores across 10 states. The deal had been months in the making and involved a deep-rooted wholesale customer of SpartanNash. And it might be the beginning of a growth spurt for SpartanNash. Supermarket News Senior Editor Bill Wilson talked to Amy McClellan, executive vicepresident and chief customer officer at SpartanNash, about the Fresh Encounter acquisition and how it dovetails with the comp Show less Read more
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