Posted in, National

Burns Out At Food Lion As Delhaize Makes Exec, Organizational Changes

Cathy Green Burns, who rose from supermarket bagger to lead Food Lion has been replaced. As the Charlotte Business Journal reports, Delhaize America CEO Roland Smith announced the shakeup to local employees Thursday with Beth Newlands Campbell, former president of Hannaford Supermarkets, taking over as president of both Food Lion and Harveys. Burns had led […]

Posted in, Albertsons, National

Supervalu Reportedly Moving Toward Sale Of Two Chains To Cerberus

Bloomberg News reports Supervalu Inc. is moving toward a deal to sell retail chains such as Albertsons and Save-A-Lot to Cerberus Capital Management LP after talks on a full takeover of the grocer stalled, said people with knowledge of the matter. Save-A-Lot, Supervalu’s hard-discount banner, also received interest from parties such as private-equity firm KKR […]