OPERATIONS

Giant Eagle names Laura Shapira Karet as CEO

BY Staff Writer

Pittsburgh — Giant Eagle announced that its Board of Directors has named Laura Shapira Karet to serve as the company’s CEO, and John Lucot to serve as the company’s president and COO, effective January 9, 2012.

Karet, 42, will succeed her father David Shapira, who will assume the position of executive chairman of Giant Eagle’s Board of Directors. Shapira has served the privately-held, family-owned company for 41 of its 80 year-history, and has been CEO since 1980.

"Laura has an extensive background in food retailing and manufacturing, both within and outside of Giant Eagle," said Shapira. "Her amiable and open style has won the respect of our 36,000 team members, customers, suppliers and business partners."

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OfficeMax in mobile products and assisted sales pilot with RadioShack

BY Staff Writer

Naperville, Ill. — OfficeMax Inc. announced a strategic pilot with RadioShack Corp. whereby OfficeMax will pilot the RadioShack Mobile offering in the San Francisco market beginning in January 2012.

As part of this pilot program, RadioShack employees will offer mobile products and services, including prepaid and postpaid wireless products, accessories and service plans, as well as assist in selling OfficeMax consumer electronics products and services, in approximately 15-20 OfficeMax stores.

"We are evaluating a range of strategic retail partnership arrangements that will improve store productivity and make our stores a highly attractive destination to our customers," said Ravi Saligram , president and CEO, OfficeMax. "We are excited to bring in RadioShack’s expertise in providing wireless solutions and consultative sales expertise which will complement our enhanced technology offering in our upcoming pilot."

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Bon-Ton CEO to retire once successor named

BY Katherine Boccaccio

Milwaukee — Bon-Ton Stores Inc. said Monday that its CEO Bud Bergren will retire his position once the company finds and hires his successor.

When a new CEO is in place, Bergren will transition to chairman; current executive chairman Tim Grumbacher will vacate the chair but remain a director. Bergren has been CEO since 2004.

The succession plans comes on the heels of same-store sales dips in October and a downwardly modified outlook for the year.

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