Marketing

MINNEAPOLIS — Supervalu has named Kathy Persian as SVP and chief information officer. Persian joined the company in February 2010 in the role of group VP retail and merchandising systems, and later moved to group VP corporate planning, analysis and business process. Persian was named to the CIO post following the decision by Wayne Shurts to accept a position with another company. Shurts joined Supervalu in April 2010.

Camp Hill, Pa. — Rite Aid narrowed its second-quarter loss to $41.4 million in the second quarter from a $94.7 million loss in the year-ago period.

Revenue slipped to $6.23 billion from $6.27 billion last year, missing Wall Street’s projected $6.25 billion in sales. Same-store sales were essentially flat for the quarter.

QUINCY, Mass. — Stop & Shop customers and associates helped abate hunger by donating nearly $400,000 through the company’s first ever Healthy Ideas Food for Friends program. As part of the company’s hunger relief efforts, Stop & Shop will donate 100% of the funds to regional hunger relief agencies across the Northeast.

Loveland, Colo. -- Bass Pro Shops has signed a letter of intent with Loveland, Colo.-based shopping center developer McWhinney to anchor a new northern Colorado development at Centerra.

The approximately 117,000-sq.-ft. Bass Pro Shops is intended to draw shoppers from Colorado, Wyoming, Nebraska, and beyond.

“We are very excited to bring Bass Pro Shops to Loveland and be part of the Centerra development,” said Johnny Morris, founder and CEO, Bass Pro Shops.

Minneapolis -- Supervalu on Thursday announced the appointment of Kathy Persian as senior VP and chief information officer of the company.  

Persian joined Supervalu in 2010 as group VP retail and merchandising systems, and later moved to group VP corporate planning, analysis and business process.

She replaces Wayne Shurts, who resigned to accept a position with another company.

Prior to Supervalu, Persian served as senior VP international business process and operations for Best Buy Co.

Cary, N.C. -- C-store operator The Pantry said Thursday it has named Joe Venezia as senior VP operations for the chain.

Venezia most recently worked at TitleMax, and before that served in regional general manager positions at Wal-Mart.

Foothills Ranch, Calif. -- The Wet Seal Inc. said Thursday it has dropped its temporary shareholder rights plan, citing feedback from stakeholders, and has proposed to expand its board to include two nominees of activist investor Clinton Group.

In July, Clinton Group, which owns approximately 7% of Wet Seal, called for a sale of the retailer, expressing dissatisfaction with its performance, and made a play for four seats on the board. In response, the retailer adopted a temporary shareholder rights plan with a 10% trigger.

Premium adult beverage maker Diageo received the Carbon Disclosure Project’s top distinction for its efforts in the area of climate change strategy, emissions disclosure and performance.

Publix is making its North Carolina debut with the planned opening of a new store in the greater Charlotte area.

The company has signed a lease for a store at Providence Road West and Johnston Road in Ballantyne. The store will be part of a new division based in Charlotte.

While Ballantyne marks Publix’s long awaited entry into North Carolina, the company is looking ahead to continued growth within the state and in its current operating areas of Florida, Georgia, South Carolina, Alabama and Tennessee.

NEW YORK — On Sept. 27, Gap will debut a limited-edition collection for men designed by GQ’s six best new menswear designers in America for 2012.