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Kroger appoints two senior VPs
Cincinnati -- The Kroger Co. announced Marnette Perry has been named SVP, strategic initiatives and operations, and Michael Ellis has been named SVP, retail divisions. The appointments support Kroger's long-term growth plans announced last week.
Perry recently led the team responsible for Kroger's "faster checkout" rollout, which the chain said has reduced customer wait times at checkout from an average of four minutes to 30 seconds.
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Best Buy in management shakeup; U.S. unit head to leave
Minneapolis -- Best Buy on Wednesday announced major changes to its leadership organization. The company is removing the senior-most layer of the U.S. operation is being removed; resulting in what it called “a leaner structure intended to improve the company’s agility.”