EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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Principal Business: Nash Finch is the second largest publicly traded food wholesalers in the US,<br />
which through its 14 distribution centers supplies products to 1,800 independent grocery stores in<br />
28 states, including independent retailers such as IGA and Food Pride stores. Also, it services 181<br />
military commissaries and 200+ exchanges in 33 states, the District of Columbia, Europe, Puerto<br />
Rico, Cuba, the Azores, and Egypt. The company also owns and operates 52 retail stores, mostly<br />
in the upper Midwest, principally with five banners, covering 45 conventional supermarkets, fie<br />
AVANZA grocery outlets (4 Hispanic food outlets), a Wholesale Food Outlet and a food Bonanza<br />
outlet. These stores operate under the banners: Sun Mart, Econofoods, AVANZA, Family Thrift<br />
Center, Pick ‘n Save, Family Fresh Market, Prairie Market, and Wholesale Food outlet. This<br />
company is a leading wholesale owner in the IGA voluntary supermarket alliance (also in this<br />
database).<br />
EB Identities: Our Family, Our Family Pride (premium), Our Family Organics, Value Choice<br />
(economy range), Nash Brother Trading Company, FAME, Avanza (Hispanic foods), Signature<br />
Program (Ground Central, Cinnfully Good, Bernini, etc.) plus exclusive brands that are licensed<br />
or franchised from others—ShurFine, Red & White, Piggly Wiggly, and IGA<br />
EB skus: 2,600+<br />
Profile: In 2006, Nash Finch (NASDAQ: NAFC) launched its Operation Fresh Start initiative,<br />
which has kept its business growing. In February 2009, Nash Finch completed the acquisition of<br />
three distribution centers (Florida, Kansas, and Texas) from GSC Enterprises, Sulphur Springs,<br />
TX, for $ 80 million cash. This business extended its growing commitment in the US military<br />
market. In December 2009, it acquired a 450,000 square foot distribution center in Columbus,<br />
GA, whose construction was completed late in September 2010. Also in this fiscal period, Nash<br />
Fish purchased a 303,000 square foot facility in Bloomington, IN, to support its growing military<br />
business. The year 2010 marked this company’s 125th anniversary. Net earnings bounced back, up<br />
by 1,733.7% to $ 50.9 million, after a net loss in 2009 from a non-cash goodwill charge ($ 50.9<br />
million and an asset impairment of $ 8.2 million. In August 2009, this retailer introduced a new<br />
brand, Nash Brothers Trading Company--inspired by Simpler Times, which pays tribute to the<br />
wholesaler’s founders, The Nash Brothers, Fred, Edgar, and Willis, circa 1885. Starting with some<br />
50 products (steamed vegetables, peanut butter, preserves, waffles, etc.), the line is expected to<br />
grow to 420 products by 2011. Nash Finch has segmented the range under natural, organic, and<br />
premium products.<br />
Procurement Contacts: John Paul, VP of Sales & Marketing; Bill Sabol, Marie Francisca Gallegos,<br />
Sr. Director Marketing & Merchandising; Product Development Manager of Store Brands; Terry<br />
Pettinger, Sr. Product Development Manager; Christopher Brown, President & COO/Nash Finch<br />
Wholesale<br />
NATIONAL ASSOCIATION OF CHAIN DRUG STORES (NACDS)<br />
413 North Lee St., P.O. Box 1417- D49, Alexandria, VA 22313-1480 USA<br />
Tel: (703) 549-3001