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Search on for new Supervalu CEO
Supervalu announced that president and CEO Sam Duncan will retire at the end of the company’s fiscal year. The company also elevated two other executives to key senior leadership roles and affirmed its commitment to exploring strategic alternatives for the Save-A-Lot retail division.
The $18 billion grocery wholesaler and retailer said Duncan would remain with the company until February 29, 2016. He joined the company in February 2013 in connection with the sale by Supervalu of five retail banners to Albertsons.
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Subway going all in with LEDs
Subway has upped its commitment to sustainability. As a part of the restaurant chain's ongoing goal to make its restaurants and operations more socially responsible, the company has made LED lighting the standard for all new and remodeled restaurants. The upgrade will provide energy-efficient lighting that, in 2014 with a small percentage of stores participating, saved 21.9 million kilowatt hours – enough energy to power 1,996 households in a single year.

