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Monday, November 9, 2009, 9:56PM ET - U.S. Markets Closed. Dow Up 2.03% Nasdaq Up 1.97%
Spartan Stores Inc. (SPTN)At 4:00PM ET: 13.86  Down 0.08 (0.57%)  
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Spartan Stores Inc.
850 76th Street SW
PO Box 8700
Grand Rapids, MI 49518-8700
United States - Map
Phone: 616-878-2000
Fax: 616-878-8802
Web Site: http://www.spartanstores.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Services
Industry:Food Wholesale
Full Time Employees:4,700

BUSINESS SUMMARY 
Spartan Stores, Inc. operates as a grocery distributor and grocery retailer principally in Michigan and Indiana. The company operates in two segments, Distribution and Retail. The Distribution segment provides approximately 43,000 stock-keeping units, including dry groceries, produce, dairy products, meat, deli, bakery, frozen food, seafood, floral products, general merchandise, pharmacy, and health and beauty care items to approximately 350 independent grocery stores and the company’s 99 corporate-owned stores. It also offers approximately 3,000 private label grocery and general merchandise items, as well as provides value-added services, including site identification and market analyses, coupon redemption, store planning and development, product reclamation, marketing, promotion, advertising, printing, technology and information, category management, accounting and tax preparation, real estate, human resource, and construction management. The Retail segment operates retail supermarkets under the banners comprising Glen's Markets, Family Fare Supermarkets, D&W Fresh Markets, Felpausch Food Centers, and VG's Food and Pharmacy that offer dry groceries, produce, dairy products, meat, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care products, delicatessen items, and bakery goods; and 66 supermarkets that offers pharmacy services. It also offers private label items, including flagship Spartan brand; Top Care, a health and beauty care brand label; Valu Time, a value brand label; and Full Circle, a natural and organic brand label. In addition, this segment operates fuel centers under the banners Family Fare Quick Stop and Felpausch Quick Stop, which offers refueling facilities and a convenience store providing consumable products. As of March 29, 2009, it operated approximately 99 retail supermarkets and 19 fuel centers. Spartan Stores, Inc. was founded in 1917 and is based in Grand Rapids, Michigan.
Key Statistics

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    CORPORATE GOVERNANCE 
    Spartan Stores Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 94.1% of S&P 600 companies and 81.8% of Food & Staples Retailing companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Craig Sturken , 66
    Exec. Chairman and Chairman of Exec. Committee
    $ 1.09M $ 381.00K
    Mr. Dennis Eidson , 55
    Chief Exec. Officer, Pres
    $ 1.06M $ 0
    Mr. David M. Staples , 46
    Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
    $ 602.00K $ 0
    Mr. Alex J. DeYonker , 59
    Exec. VP, Sec. and Gen. Counsel
    $ 526.00K $ 0
    Mr. Theodore C. Adornato , 55
    Exec. VP of Retail Operations
    $ 461.00K $ 0
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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