Company Directory - Fresh Encounter
Company Details - Fresh Encounter
Fresh Encounter
WebsiteFresh Encounter is a grocery store chain that operates across the Midwest region, providing a wide range of grocery products, fresh produce, and local offerings to meet the needs of its community.
CCI Score
CCI Score: Fresh Encounter
12.72
Latest Event
SpartanNash Acquisition of Fresh Encounter
SpartanNash announced the acquisition of Fresh Encounter Inc., a 49-store supermarket chain in Ohio, Indiana, and Kentucky. The deal expands SpartanNash's retail footprint by 33% and brings 2,500 Fresh Encounter employees under its umbrella, while formalizing a long-standing relationship and preserving local jobs.
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SABOTEUR
Fresh Encounter is currently rated as a Saboteur.
Latest Events
- OCT152024
SpartanNash announced the acquisition of Fresh Encounter Inc., a 49-store supermarket chain in Ohio, Indiana, and Kentucky. The deal expands SpartanNash's retail footprint by 33% and brings 2,500 Fresh Encounter employees under its umbrella, while formalizing a long-standing relationship and preserving local jobs.
-20
Economic and Structural Influence
June 18
The acquisition of Fresh Encounter by SpartanNash contributes to increased economic consolidation in the Midwest grocery market. While the deal promises job preservation for 2,500 employees and builds upon a longstanding partnership, it also enhances market concentration, raising concerns about reduced local control and potential oligarchic influence.
- OCT142024
Fresh Encounter, a Midwest grocery chain known for its People First culture, is set to be acquired by SpartanNash. The pending transaction, expected to close in late November 2024, is viewed as a move that will honor Fresh Encounter’s longstanding commitment to its employees, customers, and communities.
+20
Business Practices and Ethical Responsibility
June 18
The acquisition is portrayed as a positive move that will preserve and potentially enhance Fresh Encounter's People First culture by providing greater career opportunities and safeguarding community commitments. This supports ethical business practices, benefitting workers and local communities.
+15
Economic and Structural Influence
June 18
The acquisition is seen as a strategic move that reinforces Fresh Encounter's role as a key community institution in the Midwest. By integrating into SpartanNash's broader operational network, the transaction is expected to bolster the grocery chain’s structural and economic influence in local markets.
- OCT142024
Fresh Encounter Inc., a 49-store supermarket chain with a 58-year customer relationship with SpartanNash, has been acquired by SpartanNash. The deal, expected to close in late November 2024, will continue employment for 2,500 workers while expanding SpartanNash’s retail footprint into Kentucky along with Ohio and Indiana.
+20
Business Practices and Ethical Responsibility
June 18
The acquisition reflects responsible business practices by ensuring the continuation of employment for 2,500 workers and maintaining long-standing community relationships. While corporate consolidation can raise concerns about market power, the positive emphasis on worker retention and stability supports a progressive, anti-authoritarian approach in safeguarding labor rights.
- OCT142024
SpartanNash acquired Findlay-based Fresh Encounter, expanding its reach across Ohio, Indiana, and Kentucky. The move is set to unlock career opportunities for Fresh Encounter’s 2,500 employees and build on a 'People First' culture, even as it highlights the consolidation of regional food retail.
+50
Labor Relations and Human Rights Practices
June 18
The acquisition is expected to maintain and possibly enhance labor rights due to assurances of employee retention and growth opportunities for Fresh Encounter’s workforce, aligning with a positive 'People First' ethos.
+20
Economic and Structural Influence
June 18
The strategic acquisition bolsters regional economic stability by expanding market presence and supply chain integration. While this consolidation increases economic influence, it is tempered by commitments to community and workforce development.
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Industries
- 424410
- General Line Grocery Merchant Wholesalers
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- Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- 445120
- Convenience Stores