Spartannash Co Stock Price, News & Analysis

SpartanNash (NASDAQ: SPTN) announced the hiring of Bennett Morgan as Senior Vice President and Chief Merchandising Officer, effective January 24. Morgan, formerly with Amazon, where he was integral in launching its grocery business, brings extensive experience from roles at Walmart China and H-E-B. This recruitment is part of SpartanNash's ongoing strategy to enhance customer experience and innovation under its 'People First' initiative. His appointment marks the seventh addition to the leadership team since CEO Tony Sarsam took office in September 2020.

SpartanNash has promoted Amy McClellan to Senior Vice President and Chief Marketing Officer, effective immediately. McClellan, who joined the company in 2019, will report to President and CEO Tony Sarsam. Her previous roles include VP of Fresh Merchandising and Division VP, Retail, where she managed vital operations across 145 stores. Sarsam highlights McClellan's expertise in enhancing retail branding and e-commerce strategies. SpartanNash operates 145 supermarkets and serves customers in all 50 states and various international locations.

SpartanNash, a food solutions company, has raised $325,000 through its annual campaign to support local food pantries across the Midwest. This initiative aligns with its mission to tackle food insecurity, contributing to over 4 million pounds of food donations annually. Since 2016, the SpartanNash Foundation has successfully raised over $2 million, providing more than 8 million meals to those in need. Approximately one in ten shoppers contributed during this campaign, demonstrating strong community engagement.

SpartanNash (NASDAQ: SPTN) announced that Jason Monaco, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2022 ICR Conference on January 10, 2022, at 1:30 PM ET. The event will be webcast live and available for replay on SpartanNash's website for 90 days. SpartanNash is a food solutions company providing grocery products and services across the U.S., with a commitment to a People First culture and an employee base of 19,000. For more details, visit spartannash.com.

SpartanNash (SPTN) has mobilized to donate over $200,000 in essential supplies, including bottled water and diapers, to tornado victims in Kentucky after deadly tornadoes struck the Midwest. The donations, facilitated by three distribution centers and a retail store, aim to support communities impacted by the catastrophic storms. CEO Tony Sarsam highlighted the company's commitment to assist those in need quickly. The Salvation Army expressed gratitude for the generous support, reinforcing SpartanNash's role in providing vital aid during disasters.

SpartanNash has been recognized as the 2021 Midwest Innovator of the Year by The Shelby Report for its exemplary response to the COVID-19 pandemic and commitment to its workforce.

The company, under the leadership of CEO Tony Sarsam, has emphasized a People First culture, making significant investments in employee wages, benefits, and diversity initiatives. It also enhanced health resources during the pandemic.

SpartanNash's private labels have outperformed major national brands, demonstrating strong consumer engagement and innovation.

SpartanNash (Nasdaq: SPTN) is enhancing its environmental sustainability by reducing fleet mileage by over seven million miles in 2022, equivalent to a 10% decrease. This initiative aims to cut nearly 10,000 metric tons of greenhouse gas emissions, offering quicker and cost-effective deliveries. Furthermore, by collaborating with logistics partners, SpartanNash anticipates saving one million gallons of diesel annually. These actions are integral to the company’s broader ESG (environmental, social, and governance) strategy, underscoring its commitment to responsible business practices.

SpartanNash Company (Nasdaq: SPTN) has announced a quarterly cash dividend of $0.20 per common share, approved by its Board of Directors on November 17, 2021. The dividend is set to be paid on December 30, 2021, to shareholders of record as of December 10, 2021. As of November 19, 2021, SpartanNash had 35,946,659 common shares outstanding. This dividend reflects the company's ongoing commitment to return value to its shareholders amidst its diverse distribution operations.