OPERATIONS

Supervalu cutting 700 positions at New England subsidiaries

BY Staff Writer

New York — Supervalu Inc. is cutting 700 positions at its Shaw’s and Star Market divisions in New England.

The company said Friday that the job cuts will take place in 169 Shaw’s and Star Market stores.

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OfficeMax changes names of U.S. contract business

BY Staff Writer

Naperville, Ill. — OfficeMax Inc. announced that its U.S. contract business will now go to market as OfficeMax Workplace.

The company said the new name reflects its commitment to developing strategic relationships with a wide array of customers including businesses, universities, hospitals, schools and local governments to provide them with tailored solutions specific to the unique needs of their workplace.

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Sheetz transitions senior leadership

BY Katherine Boccaccio

Altoona, Pa. — C-store chain Sheetz announced Friday that Joe Sheetz will assume the role of president and CEO, and current president and CEO Stan Sheetz will become chairman of the board, effective October 2013.

Joe Sheetz is currently executive VP finance and store development.

Steve Sheetz, will leave his chairman seat to fill a newly created position of Family Council Chairman, allowing him to represent the Sheetz family shareholders in company-related issues, while remaining as chairman of CLI Transport, Sheetz dedicated fuel carrier.

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