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Growing Out of Business
By Kevin Kulinowski, Robert Grosskopf and Rick Edwards, Gordon Brothers Group
The defining paradox of our industry is that closing stores has become a trademark of successful retail companies. Certainly healthy retailers are opening new stores; but shuttering locations has become the norm as well and, in most instances, is equally indicative of positive growth.
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Supervalu names former Best Buy exec to CIO post
Minneapolis -- Supervalu on Thursday announced the appointment of Kathy Persian as senior VP and chief information officer of the company.
Persian joined Supervalu in 2010 as group VP retail and merchandising systems, and later moved to group VP corporate planning, analysis and business process.
She replaces Wayne Shurts, who resigned to accept a position with another company.
Prior to Supervalu, Persian served as senior VP international business process and operations for Best Buy Co.