Spartan stocks up on distribution clients
Mar 28, 2006 9:19 AM, from staff and wire reports
Since January 2006, Spartan Stores Inc has entered into full-service supply agreements with seven more distribution customers. These new agreements are expected to add revenues of about $25.0 million to $30.0 million annually.
Craig C Sturken, Spartan chairman, president, and chief executive officer, said, ďThese latest supply agreements bring to 51 the number of stores added to our distribution base during the past 12 months, and as previously announced, we also significantly expanded our distribution services with our second-largest customerís 19 stores in November of last year.Ē
Based in Grand Rapids MI, Spartan is the nationís 10th-largest grocery distributor with warehouse facilities in Grand Rapids and Plymouth MI. The company distributes more than 40,000 private-label and national brand products to more than 350 independent grocery stores in Michigan.
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