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FAQs |
When did Spartan Stores become a publicly traded company? |
Shares of Spartan Stores first traded on the Nasdaq National Market, under the SPTN ticker symbol, on August 2, 2000. |
How long has the company been in business? |
Spartan Stores has been in business for more than 80 years. At the end of 1917, a group of independent grocers discussed forming a cooperative to create buying power for group members. In early 1918, 27 members incorporated the Grand Rapids Wholesale Grocery Company, a name it kept until 1957 when the company became Spartan Stores, Inc. In 1954, the company produced its first private-label, Spartan brand product, coffee. In the early 1970s, Spartan Stores changed its cooperative status to a for-profit status. |
What is management’s vision for Spartan Stores? |
Over the past several years, while the grocery industry was experiencing significant consolidation, Spartan Stores began to implement its strategy of owning and operating retail supermarkets. This plan will enable the company to compete more effectively in this rapidly changing and dynamic business. Spartan Stores owns and operates 88 supermarkets and 14 deep-discount drug stores in addition to serving more than 400 independent grocery stores in Michigan, Indiana and Ohio. While much hard work lies ahead before Spartan's vision is fully realized, we have made tremendous headway. |
Where can I find information on the company? |
Exploring our Web site, www.spartanstores.com, you will find a lot of information on the company. For additional information, please contact Steve Warcholak, Investor Relations Counsel (724) 543-1275. |
Whom should shareholders contact to update mailing addresses and other information? |
If the shares are held in Street name through a broker, the shareholder should contact that broker. If the shares are registered in the shareholder’s name, the shareholder should contact Spartan Stores’ transfer agent, Computershare; P.O. Box 43078 Providence, RI 02940; (800) 622-6757. |
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