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Supervalu announces divisional leadership changes
Minneapolis -- Supervalu announced Monday that it will make sweeping changes among its executive ranks as part of a previously announced right-sizing program.
Newly minted president and CEO Sam Duncan has named former Kroger VP Mark Van Buskirk as EVP merchandising and marketing for Supervalu, charged with oversight of retail merchandising and marketing.
Former Albertsons executive Rob Woseth has been named EVP chief strategy officer, overseeing real estate and corporate development, as well as strategic growth opportunities.
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New tenants bring Shoppes of Madison to 98% occupancy
Madison, Ala. -- Brentwood, Tenn.-based GBT Realty announced that several new tenants bring its Shoppes of Madison property to near 100% occupied.
Moe’s Southwest Grill will join the new shopping center, along with Buenavista Mexican Cantina, which will open a 7,220-sq.-ft. restaurant on a 1.55-acre outparcel.
The Target-anchored Shoppes of Madison also features Ross, Petco, Kinnucan’s, and numerous junior anchors and small shops. The 28-acre center, which opened in 2012, was developed and leased by GBT Realty Corp.