SpartanNash Acquires Metcalfe’s Market; Tony Sarsam and Tim Metcalfe Share
GRAND RAPIDS, MI - A retail hat-trick of sorts is being carried out by SpartanNash. The grocer has announced its acquisition of Metcalfe’s Market, a three-store grocery chain in Wisconsin. The locations will be continuing employment for all employees, and their storefront, branding, and core shopper experience will remain in place.
“Metcalfe’s Market has been a successful family-owned and operated business for four generations, and we are honored that the Metcalfe family is entrusting SpartanNash to build upon their legacy and bring new offerings to its team members and grocery shoppers,” said SpartanNash CEO Tony Sarsam. “As a People First company, we welcome Tim, Kevin, and the entire Metcalfe’s Market team into the SpartanNash family, and we look forward to earning the loyalty of our newest store guests. As a food solutions company, we provide the ingredients for family meals and traditions—just like Metcalfe’s Market has for more than 100 years.”
Metcalfe’s Market is a community staple, specializing in premium quality foods, sustainability practices, and an extensive focus on local products featuring Metcalfe’s Food Miles program. Former Owners Tim and Kevin Metcalfe will join the SpartanNash family of associates.
A press release stated that the acquisition expands SpartanNash’s footprint in Wisconsin to seven stores. Shoppers can look forward to the same great products they enjoyed at Metcalfe’s Market in addition to a wide assortment of SpartanNash private label offerings.
“We are incredibly grateful for the support of our communities for more than a century, and we are confident that with SpartanNash, guests at Metcalfe’s Market will continue to enjoy the same high level of service, quality, and variety of products they have come to expect here at Metcalfe’s,” said Tim Metcalfe, Co-Owner. “We are thrilled to join the SpartanNash family, and we can’t wait to contribute to their People First culture. SpartanNash has the same commitment to quality and community that Metcalfe’s has been known for over the past four generations.”
The transaction is expected to be completed in spring 2024, subject to customary closing conditions. Terms of the deal were not disclosed.
Keep reading ANUK for more retail news like this.