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Company Description

Contact Info

850 76th Street SW

PO Box 8700

Grand Rapids, MI 49518

United States

Phone: 616-878-2000

Fax:

Spartan Stores, Inc. engages in the retail and distribution of grocery items principally in Michigan, Indiana, and Ohio. Segments The company operates two business segments, Distribution and Retail. Distribution The Distribution segment provides a selection of approximately 46,000 stock-keeping units, including dry groceries, produce, dairy products, meat, deli, bakery, frozen food, seafood, floral products, general merchandise, pharmacy, and health and beauty care items to approximately 390 independent grocery stores and its 101 corporate-owned stores. Also included are approximately 4,100 private brand grocery and general merchandise items. This segment consists primarily of its wholly owned subsidiary, Spartan Stores Distribution, LLC. Additional Services: The company also offers and provides majority of its independent distribution customers with value-added services, including site identification and market analyses; coupon redemption; store planning and development; product reclamation; marketing, promotion, and advertising; printing; technology and information services; category management; accounting, payroll and tax preparation; real estate services; human resource services; and construction management services. Customers: The Distribution segment supplies a group of independent grocery store operators that range from a single store to supermarket chains with as many as 21 stores, as well as its corporate-owned stores. Retail The Retail segment operates 101 retail supermarkets in midsize metropolitan, tourist and lake communities of Michigan. The company’s retail supermarkets are operated under the banners, including Family Fare Supermarkets, D&W Fresh Markets, Glen’s Markets, VG’s Food and Pharmacy, Forest Hills Foods, and Valu Land. The company operates its Retail segment through its wholly owned subsidiary, Seaway Food Town, Inc. and its respective subsidiaries. The company's retail supermarkets 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. In 67 of its supermarkets, the company also offers pharmacy services. In addition to nationally advertised products, the stores carry private brand items, including its flagship Spartan brand and Fresh Selections; Top Care, a health and beauty care brand; Valu Time, a value brand; Full Circle, a natural and organic brand; World Classics a premium, unique and worldly brand; B-leve a premium bath and beauty brand; and Paws, a pet supplies brand. The company’s retail supermarkets range in size from approximately 18,466 to 65,821 total square feet and average approximately 41,000 total square feet per store. The company operates 30 fuel centers at its supermarket locations operating under the banners, such as Family Fare Quick Stop, D&W Quick Stop, Glen’s Quick Stop, VG’s Quick Stop, and Forest Hills Quick Stop. These fuel centers offer refueling facilities and in the adjacent convenience store various consumable products. The company’s prototypical Quick Stop stores are approximately 1,100 square feet in size and are located adjacent to its supermarkets. Seasonality The company’s sales and operating performance vary with seasonality. Its first and fourth quarters are typically its lowest sales quarters (year ended March 30, 2013). Therefore, operating results are generally lower during these two quarters. Additionally, these two quarters can be affected by the timing of the Easter holiday, which results in a strong sales week. Regulation The company is subject to federal, state, and local laws and regulations covering the purchase, handling, sale and transportation of its products. Majority of its products are subject to federal Food and Drug Administration regulation. The company is in substantial compliance in all material respects with the Food and Drug Administration and other federal, state and local laws and regulations governing its businesses. Significant Events In February 2014, SpartanNash and Daymon Worldwide announced that the two companies would collaborate to create and merchandise a variety of Private Brand products across multiple categories. The products would be sold through SpartanNash's 172 retail stores and more than 1,900 independent retailers. History Spartan Stores, Inc. was founded in 1917.

 

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