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GRAND RAPIDS, Mich. - Food solutions company SpartanNash (NASDAQ:SPTN), whose stock is trading near its 52-week high after an impressive 44% gain over the past six months, announced Monday that Jason Ulichnie has been appointed Vice President of OwnBrands Marketing.
In his new role, Ulichnie will oversee portfolio management, product development and brand equity for SpartanNash’s private label brands, including Our Family, Fresh and Finest by Our Family, and Finest Reserve by Our Family. These brands serve both company-operated stores and wholesale customers within the company’s $9.65 billion annual revenue operation.
Ulichnie brings nearly 20 years of retail and restaurant industry experience to the position. He previously served as Vice President of Merchandising, Own Brands for Schnuck Markets, a privately held supermarket chain based in St. Louis. His career also includes senior leadership roles at Southeastern Grocers, Walmart and Brinker International.
"As we continue to take our brand-building to the next level, Jason will be an important addition to our Marketing leadership team," said Erin Storm, SpartanNash Senior Vice President and Chief Marketing Officer, in the press release.
Ulichnie holds a bachelor’s degree in business administration from the University of North Texas and an MBA from the University of Texas at Dallas.
SpartanNash operates nearly 200 grocery stores primarily under the banners of Family Fare, Martin’s Super Markets and D&W Fresh Market. The company also runs a food wholesale business that serves independent grocers, national retail brands, e-commerce platforms, and U.S. military commissaries.
In other recent news, SpartanNash reported its first-quarter 2025 earnings, showing an adjusted earnings per share (EPS) of $0.35, which missed the projected $0.45. However, the company exceeded revenue expectations, posting $2.91 billion compared to the forecast of $2.87 billion. Additionally, C&S Wholesale Grocers announced a definitive agreement to acquire SpartanNash for $1.77 billion, with a purchase price of $26.90 per share in cash. This transaction represents a 52.5% premium over SpartanNash’s closing price on June 20, 2025, and has been unanimously approved by the boards of both companies. The deal is expected to close in late 2025, pending shareholder approval and regulatory clearances.
In analyst updates, BMO Capital Markets maintained its Market Perform rating on SpartanNash with a price target of $20.00. The firm noted that while the company’s wholesale division showed improved profitability, the retail segment faced challenges. Despite these mixed results, SpartanNash management confirmed their guidance for 2025, citing slightly higher inflation forecasts. In leadership news, SpartanNash appointed Ed Rybicki as Senior Vice President and Chief Information Officer, and Brett Hoffman as Vice President and Chief Information Security Officer, both reporting to CFO Jason Monaco.
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