SpartanNash Expands Distribution Footprint Via California Partnership

SpartanNash Co SPTN has expanded its distribution footprint with new operations out of a facility in Stockton, California.
The company executed the expansion through its long-standing partnership with Coastal Pacific Food Distributors Inc.
SpartanNash expects the move to enhance its coast-to-coast supply chain capabilities. The 500,000-square-foot, multi-temperature distribution center is scheduled to serve customers starting in March.
The company noted the West Coast expansion supports its network optimization strategy, bolsters national account business, and advances its goal of eliminating 10% of fleet mileage in 2022.
Price Action: SPTN shares traded lower by 2.06% at $24.19 on the last check Tuesday.