Ahold USA hires former Save-A-Lot executive to be president of Giant/Martin’s
CARLISLE, Pa. — Ahold USA on Monday announced that Tom Lenkevich will join the Giant/Martin’s division as president, effective March 4, reporting to Bhavdeep Singh, EVP operations, Ahold USA.
“Tom’s decades of grocery experience combined with his central Pennsylvanian roots makes him a great addition to the Giant/Martin’s division and the Ahold USA leadership team,” stated James McCann, COO Ahold USA. “In addition to leading the division, Tom will be driving activities to achieve sales results and working with the Giant/Martin’s team to preserve the heritage of the local brand while at the same time reshaping retail with a strong focus on reinvesting in value and quality, and offering customers an omnichannel shopping experience to meet their needs both today and in the future.”
Lenkevich will manage all aspects of the division, with responsibility for Giant/Martin’s sales, operating profits, organization and people.
Lenkevich comes to Giant/Martin’s from Save-A-Lot Food Stores, where he was COO and SVP retail operations. While at Save-A-Lot, he was responsible for all aspects of retail operations, merchandising/marketing and procurement for the national and international chain of corporate and licensed stores. Lenkevich has held a number of leadership positions of progressive responsibility with other large retailers as well, including: market director for Meijer; divisional VP operations and VP merchandising and sales for A&P as well as several other positions of leadership in functions across the retail business.
Lenkevich began his retail career working his way through college as a clerk at Pantry Pride in central Pennsylvania. Lenkevich was raised in New Cumberland, Pa., and has strong ties to the area. He is also a graduate of Pennsylvania State University.
The Giant/Martin’s division operates nearly 200 supermarkets in Pennsylvania, Maryland, Virginia and West Virginia under the banners of Giant Food Stores and Martin’s Food Markets.
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Berkshire Partners to acquire Catalina
ST. PETERSBURG, Fla. — Boston-based investment firm Berkshire Partners has entered an agreement to acquire from Hellman & Friedman majority control of Catalina, a provider of personalized digital media solutions for the CPG industry. Hellman & Friedman remains a significant investor.
“We are attracted to Catalina’s unique ability to translate shopper data into personalized media at mass scale,” stated Brad Bloom, a managing director at Berkshire Partners. “We look forward to working alongside Catalina’s leadership team to accelerate their capacity to serve the world’s leading CPG retailers and brands.”
Following Hellman & Friedman’s acquisition of the company in 2007, Catalina charted a growth plan, transforming from a grocery channel coupon company to an omni-channel digital media platform. Today, Catalina reaches 350 million global shoppers each month. The company expanded its digital network by forming strategic partnerships with such retailers as Target and Walgreens; formed a joint venture with Nielsen to create BuyerGraphi media targeting for television and online advertising; and launched mobile and online promotion, as well as advertising solutions.
“We remain strong believers in Catalina’s vision, people and ability to drive innovations to capitalize on this incredible market opportunity,” stated Philip Hammarskjold, Hellman & Friedman CEO. “The company is well-positioned as the leading personalized digital media platform for CPG, and we are excited to continue our partnership with Catalina for years to come.”
Catalina plans to continue expanding its team of 1,350 employees across the globe, including operations in St. Petersburg, Fla., Boston, Chicago, Paris, and Tokyo.
“We believe this transaction is an affirmation of Catalina’s growth outlook, strategy and leadership team,” stated Jamie Egasti, Catalina CEO. “We’ll continue our investments in talent, technology and data science to drive innovations that will further enable our clients to engage and delight consumers.”
“We’ve enjoyed a successful partnership with Hellman & Friedman, and look forward to our next chapter of growth with Berkshire Partners,” added Egasti.
A very thoughtful and wise investment, given dramatic moves now underway, to make retail and employer-affiliated clinics points of entry to virtually- integrated, global, healthcare delivery systems. Ron Hammerle, Chairman Health Resources, Ltd. Tampa, Florida
Publix posts $28.9 billion in annual sales
LAKELAND, Fla. — Publix sales for the fiscal year ended Dec. 28, 2013 were $28.9 billion, a 5.2% increase. Comparable-store sales for 2013 increased 3.6%.
Publix’s sales for the fourth quarter of 2013 totaled $7.4 billion, a 5.3% increase, the grocer reported Monday. Comparable-store sales for the fourth quarter of 2013 increased 4.3%.
Effective March 1, 2014, Publix’s stock price increased from $30.00 per share to $30.15 per share. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors. “I’m pleased our operating performance resulted in another increase in our stock price,” said Publix CEO Ed Crenshaw. “Our associates — the owners of Publix — deserve the credit for this achievement.“
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