Strategy

CARY, N.C. — The Pantry, an independently operated convenience store chain in the southeastern United States, announced that Joe Venezia is joining the executive leadership team as SVP operations.

Venezia joins The Pantry from TitleMax. In his new role at The Pantry, he will lead the company’s store operations and be focused on driving sales, improving store productivity, and leading a great store operations team.

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.

Richmond, Va. -- An annual seasonal hiring survey released Thursday by Snagajob indicates that more holiday jobs will be available this year than have been expected in any previous season in the study’s five-year history.  


The survey of more than 1,000 hourly hiring managers with responsibility for seasonal hiring, conducted by IPSOS Public Affairs for Snagajob, included the following highlights:

BALTIMORE — Sprout Foods is adding new toddler puree snacks to its portfolio and also will introduce more convenient product packaging, the company announced at the Natural Products Expo East in Baltimore.

Chicago -- A real estate report released Wednesday by Mid-America Real Estate Corp.’s Urban Team found that much of Chicago lacks the type of product that today’s downsized big-box retailers are looking for.

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.

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.

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.