SpartanNash Co. has reached an agreement to acquire Martin’s Super Markets Inc., the family-owned and -operated Midwest independent grocer, in a deal that will expand SpartanNash’s corporate retail footprint into the adjacent markets of northern Indiana and southwestern Michigan.
South Bend, Ind.-based Martin’s operates 21 independent grocery stores in northern Indiana and southwest Michigan, with about 3,500 employees. The grocer also has 17 in-store pharmacies, a pharmacy at Saint Joseph Health System in Mishawaka, Ind.; a Martin’s Express convenience store in South Bend; and a Side Door Café at Elkhart General Hospital. For the fiscal year ended July 29, Martin’s logged more than $450 million in net sales…….CLICK HERE