Soup To Nutz
I recently read that July 2012 was the hottest on record and that by the year 2080 the average daily temperature for July will be 110 degrees. I am sure…
New Supervalu CEO Sales Faces Uphill Climb; Goldman Sachs 'Review' Role Seen As Critical
New Supervalu chief executive Wayne Sales has many daunting challenges ahead of him. The former CEO of Canadian Tire Corp., who has also served on Supervalu’s board since 2006 (and…
Trade Mourns Sudden Death Of Weis Markets' Bruno Garisto
Bruno Garisto, 45, Weis Markets’ vice president of center store merchandising and sales, passed away unexpectedly on August 10.
In & Around Food World
Usually this column is written in Columbia, MD at home or at the editorial offices of Best-Met Publishing. However, for the first time since Food World was acquired by Best-Met…
Taking Stock: Canadian Tire Exec Inherits Flat Wheels With Little Tread
For those Taking Stock readers who believe I have for the past few years harbored a strong personal dislike for deposed Supervalu CEO Craig Herkert, you would be inaccurate. On…
Erik Keptner Named Executive VP-Marketing At Ahold USA
Ahold USA announced that that Erik Keptner has been promoted to the newly created position of executive vice president of marketing. The move comes after Ahold USA EVP-marketing and merchandising…
Supervalu Fires Herkert, Sales Named CEO; Goldman Sachs To Supervise Asset Review
Supervalu finally fired president and chief executive officer Craig Herkert on July 30, naming its non-executive chairman of the board Wayne C. Sales as president and CEO.
Wayne C. Sales New Supervalu President/CEO, Replacing Craig Herkert
Supervalu announced July 30 that Wayne C. Sales has been named president and chief executive officer, replacing Craig R. Herkert. Sales will continue to serve as chairman of the board.…
Taking Stock: The Beginning Of The End For SVU
Jeff's Metzger's analysis of the news that Supervalu has suspended its dividend and will see an asset review.
Giant, Weis, McCaffrey's Open Former Genuardi's Units
The three retailers that officially acquired 19 Genuardi’s stores over the past six weeks will have reopened all those units by the end of this month. And Safeway, parent company…
After Another Dismal Quarter, Supervalu Suspends Dividend, Seeks Asset Review
The end is near for Supervalu as we now know it following a dismal first quarter (ended June 16) in which the company once again saw key metrics plummet. Quarterly…