- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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