SpartanNash Company operates as a grocery distributor and retailer primarily in the United States. The company's core businesses include distributing food to military commissaries and exchanges, and independent and corporate-owned retail stores located in 42 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain, Egypt, Honduras, Afghanistan and Bosnia. Segments The company operates three segments: Military, Food Distribution, and Retail. Military This segment contracts with manufacturers to distribute various grocery products primarily to U.S. military commissaries and exchanges. The products the company distributes are delivered to 169 military commissaries and approximately 442 exchanges located in 37 states across the United States and the District of Columbia, Europe, Puerto Rico, Cuba, Egypt, Bahrain Honduras. The company has approximately 600 distribution contracts with manufacturers that supply products to The Defense Commissary Agency (DeCA) commissary system and various exchange systems. Food Distribution This segment uses a multi-platform sales approach to distribute groceries to independent and corporate owned grocery retailers. Total net sales from the company’s Food Distribution segment, including shipments to its corporate-owned stores. Customers: The company’s Food Distribution segment supplies a group of independent grocery store operators that range from a single store to supermarket chains with as many as 37 stores, as well as its corporate-owned stores. The company operates in 42 states with 12 distribution centers supporting approximately 2,100 independently owned supermarkets and also supplies its corporate retail base of 162 stores. On a national account basis, SpartanNash also services a retailer, with certain product classes, outside of the traditional grocery supermarket industry. Products: The company provides a selection of approximately 55,000 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. The company’s product line includes multi-tiered families of private brands under the platforms of Spartan, Our Family and IGA. Various national brands is available in commodities, including grocery, dairy, frozen, meat, seafood, produce, floral, bakery, deli, general merchandise and health and beauty care. Food Distribution Functions: The company’s Food Distribution network consists of 12 distribution centers with approximately 5.5 million square feet of warehouse space. Across the company’s distribution network it operates a fleet of 340 over-the-road tractors, 335 dry vans, and 767 refrigerated trailers. Through routing optimization systems, it manages the 33.4 million miles the company’s fleet drives annually. Within its fleet the company has 92 fifty-three foot refrigerated trailers equipped with a Carrier Vector refrigeration unit. Additional Services: The company also offers and provides many of its independent 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; 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 business to business communications; and security consulting and investigation services. Retail This segment operates 162 retail supermarkets in the Midwest, which operate under banners, including Family Fare Supermarkets, No Frills, Bag ‘N Save, Family Fresh Markets, D&W Fresh Markets, Sun Mart and Econo Foods. The company’s retail supermarkets typically 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 79 of the company’s supermarkets, it also offers pharmacy services. In addition to nationally advertised products, the stores carry private brand items, including primary Spartan, including Spartan Fresh Selections, and Our Family brands; Top Care, a health and beauty care brand and Tippy Toes by Top Care, a baby brand; Full Circle and Nash Brothers Trading Company, both natural and organic brands; World Classics; Paws, a pet supplies brand; B-leve, a premium bath and beauty brand; and Valu Time and me too!, value brands. The company’s retail supermarkets range in size from approximately 10,400 to 92,381 total square feet and average approximately 41,400 total square feet per store. The company operates 29 fuel centers primarily at its supermarket locations operating under the banners Family Fare Quick Stop, D&W Quick Stop, VG’s Quick Stop, Forest Hills Quick Stop, FTC Express Fuel and Sunmart Express Fuel. Its prototypical Quick Stop stores are approximately 1,100 square feet in size and are generally located adjacent to its supermarkets. Seasonality The company’s first quarter (year ended January 3, 2015) consists of 16 weeks and will usually include the Easter holiday while all other quarters consist of 12 weeks each with the fourth quarter, including the Thanksgiving and Christmas holidays. Fiscal year ended January 3, 2015 contained 53 weeks; therefore, the fourth quarter of fiscal 2014 consisted of 13 weeks rather than 12 weeks. Regulations The company’s 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. History The company was founded in 1917. It was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in 2014.
spartannash co (SPTN:NASDAQ GS)
850 76th Street, S.W.
PO Box 8700
Grand Rapids, MI 49518
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