The lack of food price inflation which has affected the performance of many grocers had little impact on fourth quarter results at Kroger’s, a company whose string of quarterly same-store sales increases has now entered its 13th year.
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Stater Bros. names VP of real estate
Michael Reed has been promoted to VP real estate for Stater Bros. Markets.
Reed joined Stater Bros. in 2014 as senior director of real estate, a position he held until his recent promotion. He will report to president and CEO Pete Van Helden.
Prior to Stater Bros., Reed served as real estate store development manager for Starbucks where he was responsible for growing the company’s Mid-West and Western Mountain regions.
Stater Bros. operates 168 supermarkets in California. -
Stater Bros. names VP of real estate
Michael Reed has been promoted to VP real estate for Stater Bros. Markets.
Reed joined Stater Bros. in 2014 as senior director of real estate, a position he held until his recent promotion. He will report to president and CEO Pete Van Helden.
Prior to Stater Bros., Reed served as real estate store development manager for Starbucks where he was responsible for growing the company’s Mid-West and Western Mountain regions.
Stater Bros. operates 168 supermarkets in California.

