Spartan Stores
Data: North America
- Location: Grand Rapids, Mich.
- Top Executive: Craig Sturken, chairman, CEO
- Corporate Stores: 102
- Sales in $ Billions: 2.5 est.
- Date FY Ends: 3/29/08
- Website: www.spartanstores.com
Overview
Corporate stores at Spartan, encompassing 88 supermarkets and 14 drug stores, account for 53% of total sales.
Recent articles on Spartan Stores
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Eidson Succeeds Sturken at Spartan
Spartan Stores said its board of directors has named Dennis Eidson as the company's new chief executive officer, effective Oct. 15. Eidson, 54, has been Spartan's president and chief operating officer since last year. He would succeed Craig Sturken, who is slated to remain at the company as executive chairman. Before joining Spartan in 2003 as
Spartan Plans More Stores, Fuel Centers
Spartan Stores here yesterday said it plans to relocate or build up to 10 stores in the next three years and add 10-15 new fuel centers.
Eidson to Succeed Sturken as Spartan CEO
Spartan Stores yesterday said in a filing with the Securities & Exchange Commission that its board of directors had named Dennis Eidson as the companyÂ’s new chief executive officer, effective Oct. 15.
Private-Label Sales, Conversions Boost Spartan
Spartan Stores is making lemonade among other private-label goods to thrive during tough times. The retailer-wholesaler here posted a 52.2% increase in net earnings and an operating earnings increase of 26.4% during the fiscal first quarter that ended June 21, the company said last week, attributing the results in part to experience with and preparation for challenging economic
THE WEEK IN STOCKS
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, JULY 31, 2008 MARKET SUMMARY gainers 14 losers 10 unchanged 0 United Natural Foods +6.36% Spartan Stores +5.59% Supervalu +4.32% MOST ACTIVE BY VOLUME Wal-Mart 68,038,955 Costco Cos. 32,669,114 Target 28,208,783 AS PERCENTAGE OF SHARES OUTSTANDING A&P 13.98% Whole Foods 9.16% Costco Cos. 7.51% Empire -23.24% Metro -11.38% Village
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