Spartan Stores

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US: "Challenging" trading hits Spartan Stores profits

1 Aug 2012

US regional retailer Spartan Stores today (1 August) reported pressure on first-quarter profits, citing "challenging" trading conditions.

Quote, unquote: just-food's week in words

28 May 2012

A raft of earnings results kept the just-food news desk busy this week. M&S chief executive Marc Bolland insisted its product development sets it apart from rival grocers, while Campbell Soup CEO Denise Morrison expressed her disappointment at the firm's US soup performance this year. Elsewhere, just-food spoke with Peter Lauritzen, CEO of Arla UK, and Neil Kennedy, chief executive of Milk Link, on the merits of their merger.

US: Spartan reports mixed full year

21 May 2012

Regional US supermarket group and food distributor Spartan Stores has booked a decline in full-year earnings despite a 4% increase in sales.

US: Josefowicz named as director of retailer Roundy's

3 Apr 2012

Roundy's, a regional grocery chain in the US, has appointed Gregory Josefowicz to its board of directors.

US: Spartan Stores reports flat Q1 profit

28 Jul 2011

US grocer and distributor Spartan Stores has reported flat first-quarter net earnings despite increasing sales.

US: Spartan Stores posts full-year profit growth

12 May 2011

US supermarket operator Spartan Stores reported an increase in full-year profits, despite sales remaining flat for the period.

US: Spartan Q3 earnings up despite sales drop

3 Feb 2011

US grocery distributor and retailer Spartan Stores saw net earnings rise 45.3% during its third quarter, despite recording a drop in sales for the period.

US: Spartan Stores Q2 profits rise despite sales dip

14 Oct 2010

US food retailer and distributor Spartan Stores has reported higher quarterly profits despite a fall in sales as earnings were boosted by a programme to consolidate its warehouses.

US: Spartan Stores Q1 profits fall on sliding sales

30 Jul 2010

US retailer and distributor Spartan Stores saw its earnings fall in the first quarter of its fiscal year as food deflation and challenging trading conditions hit sales.

US: Spartan Q4 plunges 62%

13 May 2010

Spartan Stores posted a 62% drop in fourth-quarter profit on lower sales and charges.

US: No home comforts for Spartan Stores

4 Feb 2010

Regional US retailer Spartan Stores has booked a fall in quarterly earnings as the Michigan-based company suffers from a state seeing the highest unemployment in the country.

US: Spartan Stores profit falls on low fuel margins

15 Oct 2009

US food retailer Spartan Stores has posted a drop in second-quarter earnings and said it expects lower distribution sales and fuel margins to pressure earnings for the rest of the year.

US: Spartan downbeat on sales prospects

29 Jul 2009

Spartan Stores struck a downbeat note when the US food retailer predicted that the trading environment would worsen over the next 12-18 months, leading to a decline in comparable retail and distribution sales during its fiscal year.

US: Spartan sports robust FY figures

14 May 2009

Recent acquisitions and the growth of its private-label range has boosted full-year profits at US regional retailer Spartan Stores.

US: Spartan Q3 profit slips on high expenses

5 Feb 2009

US retailer Spartan Stores saw its fiscal third-quarter profits slip as sales slowed and expenses rose.

US: Spartan completes VG’s acquisition

2 Jan 2009

US supermarket group Spartan Stores has completed the acquisition of privately-owned Michigan retailer VG’s food and pharmacy outlets.

US: Spartan earnings up on strong sales

16 Oct 2008

US retailer Spartan Stores posted a 21.6% jump in net earnings for the second quarter as a result of stronger sales.

US: Spartan appoints chief executive

16 Oct 2008

US retailer Spartan Stores has appointed Dennis Eidson as president and chief executive officer.

US: Spartan Stores acquires 17 stores

14 Oct 2008

Spartan Stores has entered into a purchase agreement to acquire 17 retail grocery stores, including 15 pharmacies, from VG’s Food Center and VG’s Pharmacy, a privately held Fenton, Michigan-based retail grocery operator and currently the company’s largest distribution customer.

US: Spartan Stores appoints CEO successor

8 Aug 2008

Michigan-based retailer Spartan Stores has appointed Dennis Eidson as chief executive officer.

US: Spartan sees six-year high in Q1 sales

31 Jul 2008

Michigan-based retailer Spartan Stores revealed today (31 July) that sales in its first quarter reached a six-year high, climbing 12.8% to US$586.7m.

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