Supervalu outlines future building blocks
MINNEAPOLIS Supervalu Thursday at its annual investor conference outlined its “building blocks for the future,” which include improving in-store execution, investing in the retail store network with the Premium Fresh & Healthy remodel program, deploying innovative merchandising programs, increasing the company’s own brand program, and utilizing relevant marketing programs for maximum customer impact, the company reported.
Jeff Noddle, chairman and ceo of Supervalu noted that one of the company’s key initiatives, the Premium Fresh & Healthy remodel program, while still in its early phase, has been generating good results with healthy sales increases well above overall identical-store sales growth. Noddle added, “We are pleased with our early remodel performance and plan to maintain our commitment to the important remodel program, increasing our major remodels in fiscal 2009 to 165 stores, up from fiscal 2008’s 125 store remodels.”
The company also announced that Yolanda Scharton, the vp of investor relations and financial media will be leaving the company after more than eight years at the company. She will continue in her role until May 1 after which time she will consult with the company on special projects. A search for her successor will commence immediately.
Shoppers Drug Mart announces semi-finalists in inter-store competition
TORONTO What better way to improve chain-wide compliance than to tap into the competitive fire already burning in retail managers?
At least that’s what Shoppers Drug Mart appears to be doing, having recently named six of its stores as “semi-finalists” to be named the company’s “Model Store,” as reported Wednesday in the The Brockville Recorder and Times, an Ontario daily.
According to the report, six regional vice-presidents will soon judge the store on a number of criteria, including maintenance of store standards and procedures, overall merchandising and the store’s success in attracting customer visits.
CVS Caremark teams up with VSA arts for “All Kids Can… Create”
WASHINGTON CVS’ charitable foundation Caremark All Kids Can has teamed up with international nonprofit organization VSA arts to launch a national call for visual art as part of a year-long campaign to encourage learning and community engagement through creating art.
“All Kids Can… Create” invites children nationwide aged 5 to 15 to create a piece of visual art. VSA arts’ affiliates will conduct local arts-based initiatives, which will culminate in a national exhibition in Washington DC in June. It will be part of VSA arts’ annual Start with the Arts Family Festival. VSA arts was founded in 1974 by Ambassador Jean Kennedy Smith to create a society where people with disabilities learn through, participate in and enjoy art.
Through the campaign, children will create original artwork, artist-in-residence programs in schools will expand access and document learning through the arts for students with disabilities, and CVS Caremark employees will lead volunteer activities that engage their communities and/or schools in building inclusive environments.
There are no limits to what a participant can create and children are invited to use both traditional and non-traditional art-making materials. There is no fee and entries must be received via digital photograph by March 14. For more information visit www.vsarts.org/allkidscan.