Spartannash Co Stock Price, News & Analysis

SpartanNash has secured a contract extension with the U.S. Defense Commissary Agency to supply private label products to commissaries through Dec. 15, 2025. This agreement reflects a continued partnership aimed at enhancing service for military personnel and their families. Since being selected in December 2016, SpartanNash Military has expanded its distribution, servicing 160 commissaries and 400 exchanges globally. The military division delivered over 70,000 loads to families and conducted 16 emergency airlifts in 2021.

SpartanNash (Nasdaq: SPTN) has raised $180,000 through a fundraising campaign to support 43 Habitat for Humanity chapters across the Midwest. The initiative aims to help families in eight states take steps toward homeownership, with all funds remaining local. Since 2006, the SpartanNash Foundation has contributed over $2.1 million to Habitat, assisting more than 1,100 households. The funds were collected via donations from store guests at various retail locations, demonstrating community support for housing initiatives.

SpartanNash (Nasdaq: SPTN) has responded to Macellum Advisors and Ancora Holdings Group's proposal to nominate three director candidates at its upcoming annual meeting. The Company emphasized its successful turnaround, achieving a 251% total shareholder return since 2019, and highlighted significant improvements in revenue and EBITDA. Despite extensive engagement, SpartanNash asserts Macellum's approach lacks substantive ideas and threatens the ongoing progress. The Board remains committed to long-term value creation and is open to constructive dialogue with shareholders.

SpartanNash promotes David Sisk to Chief Customer Officer, overseeing customer engagement across national accounts, grocers, and U.S. military commissaries. Sisk, who joined in February 2020, previously led the military division and improved gross margin rates while distributing over 70,000 loads to military families. This strategic move aligns with SpartanNash's focus on customer-centric innovation under their new corporate identity, Our Winning Recipe™.

SpartanNash has committed over $1 million in essential supplies to aid Ukraine during its ongoing humanitarian crisis. The company has efficiently expedited shipments, reducing delivery time to under 17 days, despite a typical duration of up to 50 days. The initial shipment included vital items like baby formula and medicine. Partnering with Convoy of Hope, SpartanNash is actively working to distribute these supplies across eastern Europe. This initiative underscores SpartanNash’s logistics capabilities and commitment to humanitarian efforts.

SpartanNash has promoted David Petko to Executive Vice President and Chief Supply Chain Officer. He previously served as Senior Vice President and has been instrumental in launching a supply chain transformation initiative, expected to deliver cost savings of $15 million to $30 million. Under his leadership, a new agreement with Coastal Pacific Food Distributors aims to expand distribution on the West Coast while reducing fleet mileage by 10%, resulting in lower greenhouse gas emissions.

SpartanNash has announced the promotion of Adrienne Chance to Senior Vice President of Communications, effective immediately. Chance joined the company in April 2021 and has played a vital role in enhancing SpartanNash's internal and external communications. She has been instrumental in implementing the company’s new corporate identity and advancing its environmental, social, and governance (ESG) strategies. This move underlines SpartanNash's commitment to a People First culture and aims to boost associate engagement and brand awareness.