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Home > Company Index > Food, Beverage & Tobacco > Food Wholesale - to Grocers > Spartan Stores, Inc.

Spartan Stores, Inc.
Nasdaq: SPTN
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 NEWS FROM THE WIRES
Spartan Stores earnings up, mergers help sales
Jul 25 2001 02:18 PM PDT

More WIRE STORIES about this company

 PROFILE
Spartan Stores tries to give mom-and-pop grocers a little fortification. The grocery retailer and wholesaler provides more than 40,000 food and general merchandise items to about 400 independent grocery stores mostly in Michigan and Ohio and about 9,600 convenience stores in nine Midwestern states. However, to better compete, the company has started acquiring some of its longtime grocer customers and operates about 130 grocery and drug stores in Michigan and Ohio. Its retail banners include Ashcraft's Markets, Family Fair Supermarkets, and Glen's Markets. Once a cooperative, the company began publicly trading after purchasing the 70-store food and drug chain Seaway Food Town.

 COMPETITION
D&W Food Centers, Inc. (dossier)
IGA, INC. (dossier)
Meijer, Inc. (dossier)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 3,505.90
1-Yr. Sales Growth: 14.9%
Employees: 13,000
Revenue per employee: $269,684.62

 KEY PEOPLE
• James B. Meyer
    CEO
• David M. Staples
    CFO

 CONTACT INFO
850 76th St. SW
Grand Rapids, MI 49518
US
Phone: 616-878-2000
Fax: 616-878-8802
Online: Web Site

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