At $2.66 billion, sales for SpartanNash in the first quarter of fiscal 2021 declined 7 percent from the prior year ($2.86 billion), due to the prior year’s increased consumer demand related to the COVID-19 pandemic.
In a statement, the company shared that it is in the planning phase of a supply chain improvement initiative, commencing in the second quarter. The initiative will be focused on executing sustained improvements to supply chain operations across the company's network.
"While this was a transitional quarter for SpartanNash, our overall profitability was consistent with our expectations to start the year," said SpartanNash President and CEO Tony Sarsam, in a statement. "We made meaningful progress against our key initiatives for 2021, including improvements in gross margin, service levels, our own brands offering and associate safety and retention. Our recent and planned investments in our supply chain processes and leadership team will drive future efficiency, support our growth and enhance our people-first culture."
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Image: SpartanNash
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