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Report: SuperValu to open 160 Save-A-Lot stores in 2011
New York City -- SuperValu plans to increase the footprint of its value division Save-A-Lot by 160 new stores this year, GlobeSt.com reported.
“This past year we added 92 net Save-A-Lot stores, and this fiscal year we’re looking to add another 160 net stores,” a spokesman said, according to the report. -
New leadership emerges at NACDS
SCOTTSDALE, Ariz. — The National Association of Chain Drug Stores announced a successor for Larry Merlo as its new board of directors chairman, along with several other elected officers, at its 2011 Annual Meeting. Robert Loeffler, who serves as H-E-B's chief administrative officer, will replace Merlo, who is CVS Caremark president and CEO, as NACDS board chairman. Additionally, Walgreens president and CEO Greg Wasson was elected vice chairman, while Thrifty White president and CEO Robert Narveson was named treasurer.