GRAND RAPIDS, Mich. — A strengthening Michigan economy and productivity improvements helped Spartan Stores post a 140% increase in fourth quarter earnings, the company said Wednesday. On an adjusted EBITDA basis, Spartan improved by 12.3% in the quarter which ended March 26. The company was adversely affected by a warehouse consolidation in the fourth quarter last year. Sales during the period increased 2.3% to $571.5 million, primarily due to higher fuel prices and an additional store. ...
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