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Large Chains

  • Asda promotes CFO to COO

    LONDON  — Asda announced last week that Judith McKenna, the company's current finance director, is to take the reins as the retailer’s COO, effective September.

    Judith, who joined Asda more than 15 years ago, has led Asda’s finance functions as CFO since 2001.

    As COO she will take on leadership of all Asda’s retail operations, including its stores, distribution network and IT systems.

  • Aldi to open first New Hampshire location

    Boston -- WS Development announced that Aldi will open a new store at Stateline Shopping Center, located in Salem, N.H.

    The new store, the grocer’s first in the state, will join a newly opened Lowe’s anchor, as well as Sovereign Bank and NAMCO at the recently redeveloped 232,000-sq.-ft. shopping center.

  • Indian retailer taps former Wal-Mart China execs

    Bangalore, India -- According to multiple reports on Monday, India’s largest retailer has hired two former executives of Wal-Mart Stores’ China operations as its two top executives.

    Reliance Industries Ltd., which operates 1,000 retail stores across India selling everything from produce to electronics, has named Rob Cissell as CEO of Reliance Retail Ltd. and has named Shawn Gray as COO.

  • Wal-Mart names Asda COO

    Bentonville, Ark. -- Wal-Mart Stores announced Friday that its U.K.-based Asda unit has promoted Judity McKenna to the position of COO.

    McKenna is currently Asda’s finance director.

  • Former Collective Brands chief to remain Supervalu director

    MINNEAPOLIS — Supervalu announced that Matt Rubel will stay on as a member of its board of directors, despite his retirement from Collective Brands.

    Rubel retired as chairman, president and CEO of Collective Brands earlier this month. Per Supervalu's governance principles, he submitted his offer of resignation as a member of the board of directors. On June 28, the company’s Board of Directors unanimously rejected his offer of resignation.

  • Ahold appoints chief commercial development officer

    AMSTERDAM — Ahold has tapped retail veteran James McCann to serve in the newly created role of chief commercial development officer.

  • Anticompetitive doesn’t translate to Portuguese

    Walmart could be put at a competitive disadvantage in Brazil if a bizarre merger between the company’s two larger rivals proceeds and secures regulatory approval.

    The nation’s two largest retailers, Pao de Acucar and France-based Carrefour are attempting to merge their operations in a convoluted deal that has drawn the ire of fellow French retailer Casino, which owns a large stake in Pao de Acucar. 

  • Wegman’s breaks ground on 123,070-sq.-ft. store

    Rochester, N.Y. -- Wegman’s Food Markets, said Thursday it has broken ground on a 123,070-sq.-ft. grocery supermarket in The Village at Valley Forge in King of Prussia, Pa.

    A lease has also been signed for Next Door Bar & Grill, a restaurant concept owned by Wegman’s Food Markets for 12,000 sq. ft. on an adjacent parcel in the mixed-use development.

  • Supervalu wastes no time going green

    EDEN PRAIRIE, Minn. — Supervalu announced that plans to transition 40 stores to zero waste operations by the end of its current fiscal year ending Feb. 29, 2012. 

  • Supervalu reduces garbage expenses by 12%, plans more zero-waste stores

    Eden Prairie, Minn. -- Supervalu announced that its ongoing commitment to reducing waste culminated with a milestone in fiscal year 2011, marking the first time recycling revenues exceeded landfill waste expenses. In total, the company reduced garbage expenses by 12.6% over last year’s levels, while also conducting an aggressive cardboard recycling initiative that nearly doubled revenues from the previous year. The end result was the company’s waste and recycling program posted a profit to the company’s bottom line.

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