Supermarket operator Rob Rowe plans to open a fifth Rowe’s IGA Supermarket in the Jacksonville, Fla., area. The Jacksonville Daily Record reports that the store will open in a former Food Lion in West Jacksonville at 8299 W. Beaver St. Rowe said Wednesday the store will open Aug. 28 “if all goes as planned.” Commodore […]
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Posted in, Amazon Fresh, National, Whole Foods
Coke’s Kent: Women Are Critical To Business Success
When women are put in leadership roles, “brands get better and morale gets better,” Muhtar Kent, chairman and CEO of The Coca-Cola Co., told 300 senior executives at the Network of Executive Women (NEW) Executive Leadership Forum in Los Angeles on Wednesday. Gender equality—especially in sales and marketing organizations—is “a huge enabler to repeat success,” […]
Posted in, Albertsons, Executive News, National
Supervalu Appoints New CFO
Supervalu Inc. has named Bruce Besanko as the company’s EVP and CFO, effective Aug. 7. Besanko joins Supervalu after serving as EVP of finance, CFO and chief administrative officer for OfficeMax. “I’m very excited to welcome Bruce to Supervalu,” said Sam Duncan, president and CEO. “Having worked with him during a successful turnaround at OfficeMax, […]
Posted in, Amazon Fresh, Center Store, National, Nonfood Items, Whole Foods
‘El Chavo’ Makes Way To U.S. Toy Aisles, Including Select Supermarkets
Leading U.S. toymaker Jakks Pacific Inc. says the new “El Chavo” toy line, inspired by the popular comedy series, is set to hit store shelves—including those at select supermarkets—in August. Jakks currently is the North American Master Toy Licensee for “El Chavo,” a partnership entered with Televisa and exclusive licensing agent Univision. “Being on the air continuously […]
Posted in, Albertsons, Store News, West
Stater Bros. To Purchase Former Albertsons In Moreno Valley
Stater Bros. has entered into an agreement to purchase the recently closed Moreno Valley, Calif., Albertsons, located at the northwest corner of Ironwood Avenue and Pigeon Pass Road. The new Stater Bros. Moreno Valley supermarket will bring back a full-service supermarket for the residents north of Highway 60 and a revitalization for the neighborhood shopping […]
Posted in, Albertsons, Executive News, National
Supervalu Adds Standley, Neporent To Board
On Friday, Supervalu announced the election of two new directors on its board: John Standley, chairman, president and CEO of Rite Aid Corp., and Mark A. Neporent, COO and general counsel at Cerberus Capital Management L.P. “I am very pleased that John and Mark have accepted positions on our board,” said Bob Miller, Supervalu’s non-executive […]
Posted inLipari Foods, Midwest, National
Lipari Foods Hosts Biggest Show In Its 50-Year History
As it celebrates its 50th anniversary, Lipari Foods hosted a bigger-than-ever show on April 24 in Novi, Mich. Jim Lipari started the business in 1963 selling barbecue sauce out of the back of his station wagon. Today, Lipari Foods is a $500 million company. “This is a milestone,” Thom Lipari, president and CEO, told The […]
Posted in, Albertsons, National
Supervalu Reports 4Q Fiscal 2013 Net Loss Of $1.41B
Supervalu Inc. has reported fourth quarter fiscal 2013 net sales of $3.89 billion and a net loss of $1.41 billion, or $6.65 per diluted share. Due to the sale of the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-On in-store pharmacies on March 21, those banners’ results were presented as […]