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Supervalu streamlines ops, names new presidents
Supervalu reduced its organizational structure from three divisions to two and name Kevin Kemp president of the east region and Bill Chew president of the west region.
The company did not indicate what roles Kemp and Chew played in the organization previously, but did note that the east region will be headquartered in Mechanicsville, VA and the west region will be based in Hopkins, MN near the company’s Eden Prairie headquarters.
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Sobey’s to sell 30 Canadian stores for $391 million
Stellarton, Canada — Sobey’s Inc. has entered binding purchase and sale agreements with Overwaitea Food Group and Federated Co-operatives Limited that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its consent agreement with the Competition Bureau related to its purchase of Canada Safeway.
In addition, Sobeys has signed a binding letter of intent with Federated for the sale of its Price Chopper location in Winnipeg, which the company is also required to divest as part of its October consent agreement.