SpartanNash Unveils Fresh Store Vision with Revamped Family Fare®

Rhea-AI Summary

SpartanNash (Nasdaq: SPTN) has unveiled a revamped Family Fare store in Holland, Michigan, showcasing a new vision for future store concepts. The redesigned store features enhanced fresh meal solutions, convenience-focused food selections, a beef jerky bar, and a vintage candy station. This transformation, based on shopper data and insights, aims to improve convenience, quality, and affordability while maintaining Family Fare's core pillars of freshness, friendliness, and value.

Key features include an open bakery with live baking, expanded deli options, $20 healthy meal kits, and a dedicated value wall. In celebration of the grand reopening, SpartanNash donated to Community Action House, providing over 8,500 meals to the community. The company plans to implement similar refreshes across its store network, with another Family Fare update scheduled for Sparta, Michigan, later this fall.

Positive

• Unveiling of new store concept aligning with consumer preferences
• Introduction of innovative features like beef jerky bar and vintage candy station
• Expansion of fresh meal solutions and convenience-focused food selections
• Implementation of $20 healthy meal kits for families
• Donation to local charity providing 8,500 meals to the community

Negative

• None.

News Market Reaction – SPTN

-1.68%

1 alert

-1.68% News Effect

On the day this news was published, SPTN declined 1.68%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Redesigned Holland store offers preview of future Family Fare concept, plus community gift and events In Your Neighborhood

GRAND RAPIDS, Mich., Aug. 6, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) is proudly unveiling a new chapter in grocery shopping with the grand reopening of its Family Fare store at 993 Butternut Dr. in Holland, Mich. A modernized shopping destination, it features an enhanced array of fresh meal solutions, convenience-focused food selections, a beef jerky bar and a nostalgic vintage candy station. The refreshed concept will serve as a model for future Family Fare remodels, with the Holland community being the first to experience and influence the new direction for Family Fare stores across the region.

"We're thrilled to debut this updated Family Fare, which blends innovative concepts with the familiar, neighborhood feel our store guests know and love," said SpartanNash Executive Vice President and Chief Merchandising Officer Bennett Morgan. "This transformation is informed by extensive shopper data and insights, aimed at enhancing convenience, quality and affordability. Our goal is to create an exceptional shopping experience that stays true to Family Fare's core pillars of freshness, friendliness and value, and this store sets the stage for future updates across our stores."

The newly redesigned Family Fare offers a vibrant, market-style shopping environment with several new features like:

• Open bakery with live baking to fill the store with aromas of fresh-baked pastries, along with artisan breads and desserts like Tres Leches Cake.
• Expanded deli options with fresh, grab-and-go meal solutions like a Caribbean Grain Bowl with Salmon and Chimichurri, along with sandwiches like a Fried Wild-Caught Alaskan Cod.
• $20 healthy meal kits that can be prepared in 20 minutes or less, designed to feed a family of four.
• Nostalgic candy station with entertaining sweets from yesteryear.
• Bulk jerky bar.
• Market fresh buys at new lower prices with fresh-cut produce.
• Dedicated value wall showcasing competitive promotions.

"Family Fare stores have served the Holland community for almost 60 years, and today nearly a half million shoppers come through the doors of our local stores here every year," said Family Fare Store Director Michael Farrell. "At Family Fare, our tagline is 'In Your Neighborhood,' and in honor of our grand reopening, we are proud to donate a gift to the nonprofit Community Action House that will provide more than 8,500 meals to our neighbors."

In further celebration of the grand reopening, the store hosted a family friendly party last Saturday in the parking lot with food and games for children, with proceeds benefitting the West Ottawa Rugby Team.

In alignment with SpartanNash's People First approach, the Company continues to invest in innovations that benefit Associates, store guests and the communities it serves. The Holland store's remodel reflects SpartanNash's commitment to evolving with consumer preferences, and another Family Fare refresh is planned for Sparta, Mich., later this fall.

About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,000 strong. SpartanNash operates two complementary business segments – food wholesale and grocery retail. Its global supply chain network serves wholesale customers that include independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The Company distributes products for every aisle in the grocery store, from fresh produce to household goods to its OwnBrands, which include the Our Family^® portfolio of products. On the retail side, SpartanNash operates 147 brick-and-mortar grocery stores, primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market, in addition to dozens of pharmacies and fuel centers. Leveraging insights and solutions across its segments, SpartanNash offers a full suite of support services for independent grocers. For more information, visit spartannash.com.

CONTACT: 
Adrienne Chance
SVP, Communications
SpartanNash
press@spartannash.com 

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SOURCE SpartanNash

FAQ

What new features does the revamped Family Fare store in Holland, Michigan offer?

The redesigned Family Fare store in Holland, Michigan offers new features such as an open bakery with live baking, expanded deli options, $20 healthy meal kits, a nostalgic candy station, a bulk jerky bar, and a dedicated value wall showcasing competitive promotions.

How is SpartanNash (SPTN) planning to implement the new Family Fare concept?

SpartanNash plans to use the Holland, Michigan store as a model for future Family Fare remodels across the region. Another Family Fare refresh is already planned for Sparta, Michigan, later in fall 2024.

What community initiatives did SpartanNash (SPTN) undertake for the Family Fare grand reopening?

For the grand reopening, SpartanNash donated to Community Action House, providing over 8,500 meals to the community. They also hosted a family-friendly party with proceeds benefiting the West Ottawa Rugby Team.

What are the core pillars of Family Fare stores according to SpartanNash (SPTN)?

According to SpartanNash, the core pillars of Family Fare stores are freshness, friendliness, and value.