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Stock impact report

SpartanNash (SPTN) Unveils Acquisition of Metcalfe's Market [Yahoo! Finance]

SpartanNash Company (SPTN) 
Last spartannash company earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: spartannash.com/investors
Company Research Source: Yahoo! Finance
This strategic acquisition is set to enhance SpartanNash's presence in the region, increasing its total number of stores in Wisconsin to seven. Founded in 1917 by Henry and Teresa Hess, Metcalfe's Market has been a key player in the Wisconsin grocery scene, managed by successive generations of the founding family. The store is known for its commitment to premium quality food, sustainability and a focus on local products, exemplified by initiatives like Metcalfe's Food Miles program. With the acquisition, the family legacy will continue as the former owners, great-grandsons of the founders, join the SpartanNash team, integrating their family-oriented business ethos with SpartanNash's broader operations. The acquisition is characterized by a mutual commitment to maintaining core values such as quality and community service. SpartanNash has committed to preserving Metcalfe's distinctive branding and core shopper experience, thus ensuring continuity for existing customers. Important Show less Read more
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