US: Spartan inks wholesale deal with Chief Super Market
Spartan, Chief sign distribution deal
US retailer and distributor Spartan Stores has struck a deal making it the primary wholesale grocery supplier to Chief Super Market.
Chief operates 12 stores in north western and central western Ohio under the Chief and Rays banners.
As of March, Spartan will assume distribution for Chief's grocery, dairy, frozen, bakery and other products.
"We are pleased to welcome Chief to our distribution network of independent grocers," stated Dennis Eidson, Spartan's president and CEO.
Spartan Stores Announces Distribution Agreement with Chief Super Market
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Spartan Stores, Inc. (Nasdaq:SPTN), a leading regional grocery distributor and retailer, announced today it has entered into a distribution agreement with Chief Super Market, Inc. ("Chief"), under which Spartan Stores will be its primary wholesale grocery supplier.
"We are committed to delighting our customers with great food and experiences, and believe that our new partnership with Spartan will help us achieve our mission as we offer our customers superior value and service." Chief operates 12 stores in Northwest and West Central Ohio under the Chief and Rays banners. Spartan Stores will assume distribution to all of Chief's banners for grocery, dairy, frozen, bakery and other products in March 2013.
"We are pleased to welcome Chief to our distribution network of independent grocers," stated Dennis Eidson, Spartan's President and Chief Executive Officer. "Chief is known for having strong grocery selections and well-merchandised stores and we look forward to supporting their continued success with our broad selection of private brand and national brand products, as well as value-added services. We are also very excited about our expansion into Ohio as securing new business in contiguous states is one of our key strategic business growth initiatives."
Stephanie Skylar, Chief's President and Chief Executive Officer, said, "We are committed to delighting our customers with great food and experiences, and believe that our new partnership with Spartan will help us achieve our mission as we offer our customers superior value and service."
Original source: Spartan Stores
TechNavio's analysts forecast the Global Organic Food and Drink market to grow at a CAGR of 14.3 percent CAGR over the period 2012-2016. One of the key factors contributing to this market growth is th...
- BRICs: The thinking behind Mondelez's Vietnam deal
- Prospects for protein: Snacks growth to continue
- Interview part 1: BRF CFO Augusto Ribeiro
- Deal or no deal: Should Danone buy Mead Johnson?
- Comment: Why Gardein is Pinnacle's ideal fodder
- 2 Sisters Food Group posts higher annual losses
- Bird flu leads Dutch to stop poultry distribution
- Arla eyes infant formula firms with lactose plant
- Live blog: Food Matters Live
- Raisio buys UK, Ireland and Belgium Benecol ops