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Stater Bros. appoints Peter Van Helden as president, COO

BY Alaric DeArment

SAN BERNARDINO, Calif. — A former executive of Supervalu has been tapped for a top position at Stater Bros. Markets, the supermarket chain said.

Stater Bros. announced that former Supervalu EVP retail operations Peter Van Helden had been hired as president and COO of the privately owned San Bernardino, Calif.-based chain, which operates 167 stores in San Bernardino and Riverside counties.

Van Helden began working as a courtesy clerk at Rosauers in Libby, Mont., in 1977, becoming a clerk at a Bozeman, Mont., Albertsons a year later, eventually rising through the ranks to become president and CEO of the supermarket chain’s California Food Division and joining Supervalu when it acquired Albertsons in 2006.

"Pete is a well-respected and long-time food industry executive," Stater Bros. chairman and CEO Jack Brown said. "I am confident that he will do an outstanding job as president and COO and will be valuable to the future growth of Stater Bros."

 

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Publix adds board member

BY Jason Owen

LAKELAND, Fla. — During its annual stockholders’ meeting today, Steve Knopik was elected to Publix Super Markets’ board of directors.

“We are pleased to have Steve join the Publix board,” said Publix chairman of the board Charlie Jenkins, Jr. “His strong retail and financial background and commitment to the community will make him a strong addition to our board.”

Steve’s 28-years of service at Beall’s started as director of finance in 1984 and led him to his current role as CEO. Prior to joining Beall’s, he started his career in 1977 with KPMG, a global accounting and auditing firm. He currently serves on the board advisory council for the Florida Retail Federation. He’s also a member of the Board of Directors of the Palmetto Youth Center and the Academy Prep Foundation, an organization that runs middle schools for economically disadvantaged children in St. Petersburg and Tampa, Fla.

Publix is privately owned and operated by its 157,500 employees, with 2012 sales of $27.5 billion. Currently Publix has 1,068 stores in Florida, Georgia, South Carolina, Alabama and Tennessee. The company has been named one of Fortune’s “100 Best Companies to Work For in America” for 16 consecutive years. In addition, Publix’s dedication to superior quality and customer service is recognized as tops in the grocery business, most recently by an American Customer Satisfaction Index survey.

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R.MURRAY says:
Apr-17-2013 09:59 am

I purchase the majority of my food, etc products from Publix. The customer service on most levels is good however the main one I go to might just as well not have any staff or management as they are a friendly as a Mime, no interaction with customers. Perhaps this is by design?

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Target lowers Q1 EPS guidance amid softer-than-expected sales

BY Alaric DeArment

MINNEAPOLIS — Target Corp. has lowered its earnings expectations for first quarter 2013, the mass merchandise retailer said Tuesday.

The Minneapolis-based chain said it expected same-store sales growth in the quarter to be about flat over first quarter 2012 due to sales trends that have been weaker than expected, particularly in seasonal and weather-sensitive merchandise categories. As a result, earnings-per-share guidance is expected to be less than $1.10; the company’s original guidance had stated earnings would be $1.10-$1.20 per share.

The company said earnings per share for fiscal year 2013 would still be between $4.85 and $5.05.

Target will release its first-quarter earnings on May 22, the company said.

 

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