|Company's Full Name:||SpartanNash Company|
|Trading Ticker Symbol:||SPTN|
|Headquarter City/Country:||Michigan, MI|
|Primary Industry Sector:||Consumer Non-Durables|
|Seconday Sub-sector:||Food Distributors|
|Main Business Areas:||Consumer Non-Durables, Food Distributors, Consumer Defensive, Food Distribution|
|Dividend Payments:||Dividend History|
|Current Share Price:||$11.1|
|Previous Year's Closing Price:||$17.18|
|Percentage Price Change (YTD):||-35.39%|
|Market Cap:||$403.31 million|
|52-week Price Range:||$8.82 - $23|
|Dividend Per Share:||$0.74|
SpartanNash Company, incorporated on April 16, 1918, is a multi-regional grocery distributor and grocery retailer. The Company's core businesses include distributing grocery products to independent grocery retailers (independent retailers), select national retailers, its corporate owned retail stores, and the United States military commissaries. The Company operates through three segments: Food Distribution, Military and Retail. The Company's Food Distribution segment provides a range of nationally branded and private brand grocery products and perishable food products to independent retailers, food service distributors and the Company's corporate owned retail stores. The Company's Military segment contracts with manufacturers to distribute a range of grocery products primarily to military commissaries and exchanges located in the United States, the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain and Egypt. As of December 31, 2016, the Company's Retail segment operated 157 corporate owned retail stores in the Midwest and Great Lakes regions primarily under the banners of Family Fare Supermarkets, VG's Food and Pharmacy, D&W Fresh Markets, Sun Mart and Family Fresh Market.
The Company's Food Distribution segment provides dry groceries, produce, dairy products, meat, deli, bakery, frozen food, seafood, floral products, general merchandise, pharmacy, and health and beauty care. The Company offers and provides many of its independent Food Distribution customers with value-added services, including Site identification and market analysis; Coupon redemption; Store planning and development; Product reclamation; Marketing, promotion and advertising; Graphic services; Website design, technology and information services; Category management; Accounting, payroll and tax preparation; Real estate services; Human resource services; Construction management services; Fuel technology; Pharmacy retail and procurement services; Account management field sales support; Retail pricing; InSite and NetNash Business to Business communications; Security consulting and investigation services, and Digital coupons. As of December 31, 2016, the Food Distribution segment conducted business in 47 states, primarily in the Midwest, Great Lakes, and Southeast regions of the United States, and consisted of 11 distribution centers.
The Company's Military segment distributed products, which were delivered to over 160 military commissaries and over 440 exchanges located in over 45 states across the United States and the District of Columbia, Europe, Puerto Rico, Cuba, Egypt and Bahrain, as of December 31, 2016. Its distribution centers are located among the concentration of military bases in the areas it serves and near Atlantic ports used to ship grocery products to overseas commissaries and exchanges. As of December 31, 2016, the Military segment operated seven distribution centers. The contracts that the Military segment makes specify the commissaries and exchanges to supply on behalf of the manufacturer, the manufacturer's products to be supplied, service and delivery requirements and pricing and payment terms.
The Company's Retail segment operates retail supermarkets, which offer dry groceries, produce, dairy products, meat, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care products, delicatessen items and bakery goods. As of December 31, 2016, it also offered pharmacy services in over 90 of its corporate-owned retail stores. As of December 31, 2016, the Company operated 30 fuel centers primarily at its corporate owned retail stores operating under the banners Family Fare Quick Stop, D&W Quick Stop, VG's Quick Stop, Forest Hills Quick Stop and Sun Mart Express Fuel. These fuel centers offer refueling facilities and in the adjacent convenience store, a limited range of consumable products.
850 76th St SW
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