FOOD TOWN ACQUISITION BOOSTS SPARTAN RESULTS

GRAND RAPIDS, Mich. -- Spartan Stores here said the acquisition of Food Town helped boost sales and earnings for the year and fourth quarter ended March 31.llion and net income was $3.3 million, compared with a loss, excluding discontinued operations, of $170,000 a year ago, which resulted largely from a $1.3 million writeoff of convenience store distribution software.Discontinued operations include

GRAND RAPIDS, Mich. -- Spartan Stores here said the acquisition of Food Town helped boost sales and earnings for the year and fourth quarter ended March 31.

llion and net income was $3.3 million, compared with a loss, excluding discontinued operations, of $170,000 a year ago, which resulted largely from a $1.3 million writeoff of convenience store distribution software.

Discontinued operations include Spartan's insurance segment, which was divested during the year.

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