GRAND RAPIDS, Mich. -- Spartan Stores here last week said it was "exploring alternative strategies" related to its 39 Food Town supermarkets in Ohio and Michigan, following reports that the struggling stores might be for sale. Spartan said it retained investment-banking firm The Food Partners, Seattle, Wash., to assist in the review. "All options under consideration are intended to more rapidly return our overall operations to profitability," said James B. Meyer, chairman, president and ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.