SpartanNash

Over 70% of Retailers Lose at Least 5% Operating Margin to In-Store Inefficiencies, According to New Study from Coresight Research and Simbe

Retrieved on: 
Wednesday, March 27, 2024
Research, Automation, SpartanNash, Intelligence, SAN, DIY, Schnucks, Retail

Over 70% of respondents lost at least 5% operating margin in each area of out-of-stocks, price and promotion execution, planogram compliance and allocation and assortment planning.

Key Points: 
  • Over 70% of respondents lost at least 5% operating margin in each area of out-of-stocks, price and promotion execution, planogram compliance and allocation and assortment planning.
  • Addressing these issues would drive an additional revenue opportunity for retailers of $127.9 billion in 2024, growing to $143.3 billion in 2027, Coresight Research estimates.
  • Coresight Research will be hosting a webinar on April 9 to present the findings with further takeaways for retailers.
  • Informing the data in this report is an online survey of 150 decision-makers at US-based retailers, conducted by Coresight Research during January 30–31, 2024.

Electronic Shelf Label Revenues to Exceed US$6.2 Billion by 2030 Amid Retailers' Response to a Shrinking Workforce

Retrieved on: 
Wednesday, April 3, 2024
Research, Automation, Electronic shelf label, Growth, SpartanNash, Dematic, Partnership, ABI, Sam's Club, ESL, MFC, Retail

NEW YORK, April 3, 2024 /PRNewswire/ -- In retail stores, technology is being increasingly leveraged to enhance customer experiences, improve product availability, and address labor challenges head-on. According to global technology intelligence firm ABI Research, Electronic Shelf Label (ESL) revenues worldwide are expected to surpass US$6.2 billion by 2030.

Key Points: 
  • According to global technology intelligence firm ABI Research, Electronic Shelf Label (ESL) revenues worldwide are expected to surpass US$6.2 billion by 2030.
  • Workers are required to ensure shelves are stocked, inventory is managed, the store is clean, and customers are supported.
  • Europe has led the charge with ESLs, currently with the highest installed base at almost 600 million ESLs.
  • The region also hosts the two largest ESL vendors, SES-imagotag and Pricer , holding a combined market share of over 60%.

Electronic Shelf Label Revenues to Exceed US$6.2 Billion by 2030 Amid Retailers' Response to a Shrinking Workforce

Retrieved on: 
Wednesday, April 3, 2024
Research, Automation, Electronic shelf label, Growth, SpartanNash, Dematic, Partnership, ABI, Sam's Club, ESL, MFC, Retail

NEW YORK, April 3, 2024 /PRNewswire/ -- In retail stores, technology is being increasingly leveraged to enhance customer experiences, improve product availability, and address labor challenges head-on. According to global technology intelligence firm ABI Research, Electronic Shelf Label (ESL) revenues worldwide are expected to surpass US$6.2 billion by 2030.

Key Points: 
  • According to global technology intelligence firm ABI Research, Electronic Shelf Label (ESL) revenues worldwide are expected to surpass US$6.2 billion by 2030.
  • Workers are required to ensure shelves are stocked, inventory is managed, the store is clean, and customers are supported.
  • Europe has led the charge with ESLs, currently with the highest installed base at almost 600 million ESLs.
  • The region also hosts the two largest ESL vendors, SES-imagotag and Pricer , holding a combined market share of over 60%.

SpartanNash Foundation Celebrates 40-Year Partnership with Special Olympics, Launches In-Store Fundraiser to Support Athletes

Retrieved on: 
Wednesday, March 20, 2024
Online, Family Fare, D&W Fresh Market, SpartanNash, Partnership, Special, Associate, Supermarket, Fastlane, Communication, Athlete, Special Olympics, Olympic Games, Family, SPTN, State, Management

GRAND RAPIDS, Mich., March 20, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will host its annual fundraising campaign through the SpartanNash Foundation, supporting athletes, raising awareness for Special Olympics, and helping fund its State Summer Games in nine states. The in-store fundraiser will run today through March 31.

Key Points: 
  • "As a People First company, we're proud to support an organization that cultivates a community of strength, support and unity."
  • The SpartanNash Foundation has raised more than $10.1 million for Special Olympics throughout its 40-year partnership, and SpartanNash Associates have volunteered tens of thousands of hours to the non-profit.
  • In addition, SpartanNash employs more than 25 Special Olympics athletes who have served guests for a combined 157 years at Company-operated grocery stores.
  • Donations will support Special Olympics athletes in Indiana, Iowa, Michigan, Nebraska, North Dakota, Ohio, South Dakota, Minnesota and Wisconsin.

SpartanNash Promotes Nicole Zube to Executive Vice President, Chief Human Resources Officer

Retrieved on: 
Tuesday, March 19, 2024
HR, Caesars Entertainment, Northern Kentucky University, SpartanNash, Procter, Associate, Kellogg's, Diversity, Xavier University, Head, Indeed, Senior, Competence, OSHA, Safety, SPTN, Procter & Gamble, Occupational safety and health, Management

GRAND RAPIDS, Mich., March 19, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the promotion of Nicole Zube from Senior Vice President to Executive Vice President, Chief Human Resources Officer. Since joining SpartanNash in September 2022, Zube has played a critical role in advancing the Company's People First strategy to attract, develop and retain top talent.

Key Points: 
  • Zube most recently served as Senior Vice President, Chief Human Resources Officer, leading the company's strategy to put People First
    GRAND RAPIDS, Mich., March 19, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the promotion of Nicole Zube from Senior Vice President to Executive Vice President, Chief Human Resources Officer.
  • Since joining SpartanNash in September 2022, Zube has played a critical role in advancing the Company's People First strategy to attract, develop and retain top talent.
  • Prior to SpartanNash, Zube most recently served as Head of HR – U.S. Commercial at Kellogg Company.
  • Zube earned her bachelor's degree from Northern Kentucky University and her master's degree from Xavier University.

SpartanNash Unveils New Premium Private Label Brand "Finest Reserve"

Retrieved on: 
Tuesday, February 20, 2024
Collection, Wine, SpartanNash, Friends, Cordial, Food, Quality control, Chocolate, Attention, Creativity, SPTN, Our Family, Salt, Retail

GRAND RAPIDS, Mich., Feb. 20, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the launch of its new private label brand, Finest Reserve by Our Family. The collection is currently a curated offering of artisan-crafted frozen pizzas, upscale pastas, sauces, dressings and marinades, premium spices, salts and seasoning blends, chocolate and wine – with more products to come. Featuring elevated flavors and attainable indulgence, the new line is a testament to Finest Reserve's ethos that everyone deserves the opportunity to enjoy food at its finest.

Key Points: 
  • GRAND RAPIDS, Mich., Feb. 20, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the launch of its new private label brand, Finest Reserve by Our Family.
  • The new private label is an extension of Our Family, SpartanNash's flagship brand, that has notably captured the attention of the Company's customer base.
  • Culinary: The brand is committed to providing recipes and sophisticated flavors that highlight the culinary creativity and passion behind every offering.
  • Cordial: Finest Reserve is a brand that promotes inclusivity, presenting high-end offerings at an accessible price point.

SpartanNash Advancing Retail Innovation with In-Store Robotics

Retrieved on: 
Tuesday, February 13, 2024
Partnership, SPTN, Associate, SpartanNash, Food technology

GRAND RAPIDS, Mich., Feb. 13, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced plans to implement Simbe's autonomous inventory robot Tally in 60 additional Company-operated stores across the Midwest. This opportunity to generate actionable, real-time inventory insights represents SpartanNash's continued investment in technology to enhance the store guest and Associate experiences.

Key Points: 
  • This opportunity to generate actionable, real-time inventory insights represents SpartanNash's continued investment in technology to enhance the store guest and Associate experiences.
  • As part of SpartanNash's commitment to customer-focused innovation, this Tally expansion follows the Company's investment in other food technology solutions Upshop Magic™ and Flashfood.
  • "We're always impressed with how SpartanNash embraces innovative technologies," said Brad Bogolea, CEO of Simbe.
  • Working with the SpartanNash team is incredibly rewarding, and we can't wait to see the partnership grow from here."

SpartanNash to Webcast Fourth Quarter and Fiscal Year 2023 Earnings Conference Call

Retrieved on: 
Thursday, February 1, 2024
SPTN, SpartanNash

GRAND RAPIDS, Mich., Feb. 1, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, Feb. 15, 2024, for the 12-week fourth quarter and 52-week fiscal year ended Dec. 30, 2023.

Key Points: 
  • GRAND RAPIDS, Mich., Feb. 1, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, Feb. 15, 2024, for the 12-week fourth quarter and 52-week fiscal year ended Dec. 30, 2023.
  • The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, Feb. 15, 2024, at 8:30 a.m.
  • ET.
  • There will also be a simultaneous, live webcast made available at SpartanNash's website at www.spartannash.com/webcasts under the "Investor Relations" section and will remain archived on the Company's website through Thursday, Feb. 29, 2024.

SpartanNash Recognized by Newsweek as One of America's Greatest Workplaces for Diversity 2024

Retrieved on: 
Monday, January 29, 2024
Learning, SpartanNash, Associate, Social, DEIB, Biophysical environment, ESG, Point, Environment, SPTN, Caesars Entertainment

GRAND RAPIDS, Mich., Jan. 29, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) is proud to announce its recognition as one of America's Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group for its commitment to diversity, equity, inclusion and belonging (DEIB). The Company received the award based on quantitative data from an Associate survey as well as other qualitative scoring methods.

Key Points: 
  • Surveyed Associates reinforced SpartanNash's commitment to diversity, equity, inclusion and belonging
    GRAND RAPIDS, Mich., Jan. 29, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) is proud to announce its recognition as one of America's Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group for its commitment to diversity, equity, inclusion and belonging (DEIB).
  • The Company received the award based on quantitative data from an Associate survey as well as other qualitative scoring methods.
  • "Diversity is a widely discussed topic – and it remains a crucial factor as people look for an employer or a business partner.
  • Newsweek and market-data research firm Plant-A Insights are proud to introduce 'America's Greatest Workplaces for Diversity 2024,' highlighting companies that are committed to offering a diverse and inclusive work environment," said Newsweek's Global Editor in Chief Nancy Cooper.

SpartanNash Implements New Food Traceability Program, Strengthening Safety and Transparency Throughout Its Global Supply Chain

Retrieved on: 
Monday, January 22, 2024
Supply Chain Management, Supermarket, Retail, Food, Beverage, Environment, health and safety, Environmental Health (journal), SPTN, SpartanNash, Food safety, Investment, Risk management, Pharmacy, ESG

Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced the launch of the ReposiTrak Traceability Network ®, a food traceability program that advances efforts to create a safer, more transparent supply chain.

Key Points: 
  • Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced the launch of the ReposiTrak Traceability Network ®, a food traceability program that advances efforts to create a safer, more transparent supply chain.
  • Now, hundreds of the Company’s suppliers who harvest or handle products on the U.S. Food and Drug Administration’s Food Traceability List are now required to exchange traceability data with SpartanNash and the thousands of retailers served by the company.
  • “From a food safety perspective, there is tremendous value in knowing exactly where each product and ingredient has been before it reaches our shelves and consumers,” said SpartanNash Vice President of Environmental Health and Safety Greg Molloy, who is also responsible for the Company’s food safety and quality compliance.
  • “This technology enables us to collect and, more importantly, exchange this information for every affected shipment in a highly efficient manner.