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- Food Roundup: PepsiAmericas Rejection, Cheese War Resolution, FDA Crackdown, and More
- PepsiAmericas rejects PepsiCo -- The bottler turned down PepsiCo's bid to buy back the shares it doesn't already own, calling the offer "not acceptable" and "not in the best interest of the company’s shareholders." This followed a similar move by Pepsi Bottling earlier this week. PepsiCo had offered a combined...
- Blog posts 2009-05-08
- Herkert Enumerates Observations that Will Change Supervalu's Direction
- In his first conference call as Supervalu CEO, Craig Herkert, shared 10 observations about company that are framing the strategic vision he is forming. In the conference call, he detailed immediate initiatives that he had launched to improve the customer’s perceptions of Supervalu. The observations, which represent...
- Blog posts 2009-07-30
Additional Resources
- Herkert Shifting Supervalu to Customer Focus as Sales Slip
- Craig Herkert, Supervalu’s new CEO had “unacceptable†results to convey as he conducted his first analysts call but promised a fresh approach at the company, one less focused on store remodeling and corporate integration in the wake of it’s acquisitions from Albertsons, and more focused on the customer. ...
- Blog posts 2009-07-29
- Wal-Mart's Herkert Brings the Right Stuff to Supervalu
- Supervalu, in announcing the replacement of Jeff Noddle as CEO with former Wal-Mart Americas president and CEO Craig Herkert, gets an executive who has built an expertise in driving a multiple format retail operation with efficiency and improving sales. He may be just what Supervalu needs right...
- Blog posts 2009-05-12
- Herkert to lead ShopKo integration services.(People Today)(Brief Article)
- GREEN BAY, WIS. -- ShopKo Stores, Inc. has named Jeffrey Herkert director of application and integration services. Herkert has responsibility for directing application development, integration and support activities for the company's business GREEN BAY, WIS. -- ShopKo Stores,...
- Research articles 2004-09-13
- SUPERVALU, Inc. F1Q10 (Qtr End 07/28/09) Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from Meredith Adler - Barclays Capital. Meredith Adler - Barclays Capital Operator Your next question comes from Susan Anderson for Deborah Weinswig – Citigroup. Meredith Adler - Barclays Capital I would like to just start talking a little bit about...
- Earnings calls 2009-07-28
- The Future Still Trying To Catch Save-A-Lot
- Save-A-Lot was a small-format food retailer long before compact store concepts became popular among major chains, but it has been shifting from its original focus on grocery products to feature perishables and develop into more of a full-line supermarket operator for frugal consumers. And, in that way,...
- Blog posts 2009-09-27
- SUPERVALU Inc. F2Q10 (Qtr End 09/12/09) Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from Deborah Weinswig – Citigroup. Deborah Weinswig - Citigroup You’ve laid your vision for Sav-A-Lot. Can you elaborate in terms of the unit potential in the U.S.? And is that geographically skewed at all or how should we think about...
- Earnings calls 2009-10-20
- Wal-Mart execs named to Seiyu board - Market Watch - Brief Article
- CHICAGO - Five senior Wal-Mart executives were named to the board of Japanese retailer Seiyu as Wal-Mart continues to deepen its involvement following last year's initial investment. Named to the Seiyu board were WalMart International ceo John Menzer and coo Craig Herkert, Wal-Mart Asia president Joe Hatfield, Wal-Mart International Holdings...
- Research articles 2003-04-07
- Wal-Mart restructures international team
- BENTONVILLE -- Wal-Mart has made a series of high-level personnel changes to position its rapidly expanding international division for further growth. Craig Herkert was named coo with global responsibility for operations, marketing and merchandising. He will report directly to John Menzer, who was named president and ceo of international last...
- Research articles 2000-05-22
- Wal-Mart Gets Ahead of Recession with Chilean Acquisition
- With its tender offer for Chile’s Distribucion y Servicio, a 185-store supermarket chain, Wal-Mart is making an acquisition that will put it into an even stronger position when the global economy stirs again. Internationalization is an ongoing theme at Wal-Mart. Its executive suite will soon feature Mike...
- Blog posts 2008-12-24
- Walgreens Appoints Former Wal-Mart, Kraft Execs to Posts
- Walgreens is the latest retailer to grab a couple of former Wal-Mart executives and it enticed a past Kraft manager as well to bolster a leadership that’s changing its focus from store growth to improving the performance of existing locations. Just about a month ago, Supervalu announced...
- Blog posts 2009-06-17
- Supervalu: What Is Wall Street Afraid Of?
- Mark Krieger submits: The way Wall Street has turned on SVU, you’d think the company had one foot on a banana peel and the other on a “slip and slide”. The Street has literally written it off as damaged goods because of its heavy debt load....
- External links 2009-10-05
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