Supervalu has named Anne Dament svp/retail, merchandising and marketing.
The Kroger Co. has elected Mark Sutton to the company’s board of directors.
Supervalu posted a net loss in its third quarter, following the recent sale of its Save-A-Lot business.
Supervalu has finalized the previously announced sale of its Save-A-Lot business to an affiliate of Onex Corporation for $1.365 billion in cash, subject to customary closing adjustments.
Meijer has named Rick Keyes CEO. Keyes will add the CEO title after being named president last year. Before being appointed president, he had been Meijer’s evp/supply chain and manufacturing since 2006.
Kroger pointed to pricing pressures and a sluggish consumer in a challenging but still positive third quarter.
Ryan Vero has left Sears Holdings Corp., where he was president, grocery and drug store, to join Party City Holdco as evp/PCHI and president of Party City Retail Group.
In the third quarter, supermarket retailer Publix advanced its results, with earnings, sales and comps all slightly increasing.
Walmart is making a strategic investment of $50 million in New Dada, China’s largest local on-demand logistics and grocery e-commerce platform.