ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

SpartanNash and DoorDash Partner to Scale On-Demand Grocery Offerings

Innovative partnership leverages SpartanNash’s strengths in food distribution and grocery to drive growth

Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced an innovative partnership with local commerce platform DoorDash to expand the Company’s grocery services and solutions across both digital and physical platforms through various different initiatives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220510005230/en/

SpartanNash and DoorDash Partner to Scale On-Demand Grocery Offerings (Graphic: Business Wire)

SpartanNash and DoorDash Partner to Scale On-Demand Grocery Offerings (Graphic: Business Wire)

DoorDash is partnering with SpartanNash to offer on-demand grocery delivery from more than 100 SpartanNash owned stores including Family Fare, Martin’s Super Markets and more. The partnership will also include the opportunity for SpartanNash’s network of 2,100 independent retail customers to leverage both the DoorDash marketplace app and website as well as DoorDash Drive, the white-label fulfillment platform that powers direct delivery for businesses, to address their local commerce needs and offer on-demand grocery delivery to consumers in their communities.

“Customer-centric innovation is a key priority to drive growth at SpartanNash, and joining forces with DoorDash will enable us to expand our customer base and capture more of the grocery retail market by rapidly scaling our digital offering with a leading partner,” said SpartanNash President and CEO Tony Sarsam. “We know our customers’ grocery needs well and have the supply chain and retail footprint to provide strategic service based on their preferences. This partnership with DoorDash complements our collective strengths and will drive growth across the food ecosystem—from food distribution to eCommerce—to deliver the ingredients for a better life.”

As part of the omni-channel partnership, SpartanNash will also serve as a distributor of pantry and household items to DoorDash DashMart locations beginning in New York City with plans to scale to additional locations in the future.

“We are excited to partner with SpartanNash to bring innovative ecommerce solutions to their beloved grocery banners across the Midwest, independent grocers and retailers so that they can build their omni-channel presence and provide consumers with access to convenient, on-demand grocery delivery,” said DoorDash CEO and Co-founder Tony Xu. “We are proud to work together to empower independent grocers with the tools and resources needed to grow their businesses and expand their digital footprints.”

“SpartanNash’s rapid innovation and digital platform expansion are part of our overarching omni-channel growth strategy,” said SpartanNash Executive Vice President and Chief Strategy Officer Masiar Tayebi. “Our partnership with DoorDash cuts across the full food value chain and signifies another important milestone in our journey to better serve our customers as their needs evolve. We look forward to leveraging DoorDash’s expansive reach to offer a premium consumer experience at scale.”

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a distributor, wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company’s own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. In addition, the Company owns and operates 145 supermarkets – primarily under the banners of Family Fare, Martin’s Super Markets and D&W Fresh Market – and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.

About DoorDash

DoorDash is a technology company that connects consumers with their favorite local and national businesses across the United States, Canada, Australia, Japan, and Germany. Founded in 2013, DoorDash enables local businesses to address consumers' expectations of ease and immediacy and thrive in today's convenience economy. By building the last-mile logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.11
+0.00 (0.00%)
AAPL  280.70
+0.00 (0.00%)
AMD  215.98
+0.00 (0.00%)
BAC  54.16
+0.28 (0.52%)
GOOG  318.39
+0.00 (0.00%)
META  661.53
+0.00 (0.00%)
MSFT  480.84
+0.00 (0.00%)
NVDA  183.38
+0.00 (0.00%)
ORCL  214.33
+0.00 (0.00%)
TSLA  454.53
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.