Industry News: Grocery
Pilot Flying J announced that Jimmy Haslam is moving to Chairman and John Compton, former PepsiCo president, is named CEO of the travel center company. Haslam has served as CEO of Pilot since 1994. He will assume the role of chairman of Pilot Flying J and Maxum Petroleum, and his father, Jim Haslam, who founded the company with one gas station in Gate City, Va. in 1958, will be titled founder and chairman emeritus.
Save Mart Supermarkets has hired two high-level executives: Greg Hill as CFO and Eric J. Nadworny as Chief Human Resources Officer and Chief Legal Officer. Sprouts Farmers Markets announced that Shon Boney, who has served as CEO since the company’s founding in 2002, will assume the role of chairman of the board of Sprouts. Long-time Sprouts president Doug Sanders will become president and CEO, whereby he will continue to be responsible for all day-to-day aspects of running the business.
Alimentation Couche-Tard Inc.‘s subsidiary Circle K Stores Inc. has closed on its acquisition of the assets of Orlando, Fla.-based Florida Oil Holdings LLC. The deal consists of 29 directly owned convenience stores with gas stations in the greater Orlando FL area.
Heinen’s Fine Foods will open its 18th store in a Chicago suburb where the company has spent $10 million building its first location outside Ohio. The 38,000-sq. ft. store will feature nearly everything the company’s Ohio stores do, but it will not offer parcel pick-up service.