FINANCE

El Pollo Loco Expands Exec Team

BY CSA STAFF

Costa Mesa, Calif. El Pollo Loco, has appointed Joe Stein as senior VP, strategy and innovation, a newly created position. Stein has served as the company’s CFO for more than six years.

El Pollo Loco has also hired restaurant industry executive Gary Campanaro to serve as CFO. Campanaro most recently served as CFO and secretary of Claim Jumper Restaurants Holdings Corp.

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JEWEL-OSCO, Coca-Cola partner for Black History Month

BY CSA STAFF

ITASCA, Ill. JEWEL-OSCO is partnering with Coca-Cola to honor Black History Month with special in-store promotions, beginning Thursday, February 5, through Sunday, March 1. The offers at select JEWEL-OSCO stores in the Chicagoland area are part of “A Taste of Black History.”

During the month-long celebration, consumers will be able to enjoy and familiarize themselves with more than 25 JEWEL-OSCO African-American vendors, by sampling dishes prepared with their products. Consumers will also have an opportunity to enter the “Cookin’ Combos” Sweepstakes, at participating JEWEL-OSCO stores, and win a year of free groceries worth a total of $5,000.

“We are proud of our African-American vendors,” said JEWEL-OSCO community relations manager La Toya Dixon. “They work tirelessly to provide great products for our customers and this program highlights their achievements. We are glad they are part of the JEWEL-OSCO family and wish them continued success.”

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CE sales see slight boost after tough holiday

BY CSA STAFF

SAN JOSE, Calif. According to Tech Channel Index, U.S. electronics retailers had their first week of marked improvement finishing week of Jan. 3 just 2% below last year’s sales of consumer IT and entertainment electronics products. This is a large jump after finishing the holiday shopping season 28% below last year.

Tech Channel reported that broadline and office supply channel sales of consumer IT and entertainment electronics have improved 28% and 4% respectively over the last year. During the same time period, online retail sales channel stayed flat through the holiday shopping season and finished down 4% over last year.

 

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