Spartannash Co Stock Price, News & Analysis

SpartanNash has re-opened its Grand Rapids Service Center, a renovation aimed at enhancing creativity and fostering collaboration among its associates. This revitalized headquarters features modern workspaces, increased natural lighting, and entertainment amenities to support a 'People First' culture. President and CEO Tony Sarsam emphasized the importance of this investment in their workforce, aiming to attract and retain top talent. The facility has been part of the community since 1918 and serves as a hub for various company departments.

SpartanNash launches its annual fundraising campaign from June 29 to July 10, aimed at supporting U.S. military heroes and their families. Funds will be evenly distributed among three nonprofits: Team Red, White and Blue, Operation Homefront, and Honor and Remember. Store guests can donate at checkout or online, with an ongoing commitment since 2015 resulting in $1.75 million given to various veterans' service organizations. The initiative demonstrates SpartanNash's dedication to the military community and its families.

SpartanNash (Nasdaq: SPTN) raised $242,050 for Special Olympics through its annual fundraising campaign, benefiting athletes and State Summer Games across eight Midwest states. Throughout its 38-year partnership, the SpartanNash Foundation has contributed over $9.7 million to the organization. In May 2022, donations were collected at SpartanNash stores, with $232,877 raised via customer contributions. The company employs over 25 Special Olympics athletes, showcasing its commitment to diversity and inclusion in the workplace.

SpartanNash (Nasdaq: SPTN) has appointed Jean-Paul "JP" Calabio as the new Vice President and Chief Information Security Officer, effective June 20. Calabio is responsible for leading the company's information security strategy, ensuring compliance, and enhancing security measures. He previously formalized incident response processes and improved vendor risk management while at SpartanNash. With over 20 years of experience in information security and leadership roles at various companies, Calabio is poised to further strengthen the company's security posture in a data-sensitive industry.

SpartanNash (Nasdaq: SPTN) proudly announces that eight of its Associates have been recognized in Progressive Grocer’s 2022 Top Women in Grocery awards. Since 2012, 90 SpartanNash associates have received this prestigious honor, highlighting the vital role women play in the food retail industry. The honorees include Store Managers and Rising Stars who have demonstrated exceptional leadership and performance, such as achieving sales 5.9% over budget and saving the company $84,000 annually through effective contract negotiations.

SpartanNash has acquired the three-store Shop-N-Save Food Centers in northwestern Michigan. The acquisition, which converts the stores to the Family Fare brand, aims to enhance offerings while ensuring all employees retain their jobs. This move expands SpartanNash’s Family Fare presence to 86 stores in the Midwest. The acquisition comes after a long-standing relationship, as Shop-N-Save has been a customer of SpartanNash for nearly 25 years.

SpartanNash (NASDAQ: SPTN) announced the preliminary results of its 2022 Annual Meeting of Shareholders, revealing strong support for its independent Board of Directors nominees. All nine nominees were re-elected, signaling shareholder confidence in the Company's strategy and leadership. Shareholders also approved all other proposals submitted at the meeting. SpartanNash expressed gratitude for the support received and pledged to focus on their transformation strategy and People First culture to enhance long-term value for shareholders.

The Investor Group, holding approximately 4.5% of SpartanNash shares, seeks to elect three independent director candidates to enhance board expertise in food distribution and retail. Proxy advisors ISS and Egan-Jones endorse the nominees, including Michael Lewis and John Fleming, emphasizing their industry experience. The Investor Group argues that the current board has overseen poor performance and needs fresh perspectives to drive long-term value creation. They urge shareholders to vote on the BLUE Proxy Card to facilitate this change.