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President Obama names Walmart exec to budget post
WASHINGTON — President Obama will nominate Walmart Foundation president Sylvia Mathews Burwell as director of the Office of Management and Budget on Monday, according to published reports. Burwell will be nominated at a White House ceremony during the morning.
Obama announced his intent to appointment Burwell several months ago, but the nomination on Monday makes it official and paves the way for Senate confirmation hearings to begin.
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Supervalu further solidifies new leadership team following AB Acquisition deal
MINNEAPOLIS — Supervalu on Monday morning announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC).