Encino, Calif. — Gelson’s has promoted John Bagan to president and CEO following the departure of Rob McDougall, who has retired from Gelson’s after 15 years with the Southern California-based brand. The new leadership position marks Bagan’s third promotion in 2 years, most recently moving from COO into the role of president in July 2022. As president and CEO, Bagan will assume greater responsibility for the company’s overall vision, business and growth strategy, as well as managing relationships with the board of directors and parent company Pan Pacific International Holdings …
Albertson’s
Camp Hill, Pa., and Boise, Idaho — Rite Aid Corp. has called off its previously announced merger with Boise, Idaho-based grocery chain Albertsons Cos. The integrated company would have operated about 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C.
Boise, Idaho — Boise, Idaho-based grocery chain Albertsons Cos. has agreed to acquire Rite Aid Corp., one of the nation’s largest drugstore chains, for an undisclosed sum. The integrated company will operate about 4,900 locations, 4,350 pharmacy counters, and 320 clinics across 38 states and Washington, D.C., serving more than 40 million customers per week.
Boise, Idaho — Albertsons Companies has promoted its executive vice president and chief operating officer, Wayne Denningham, to president and chief operating officer for Albertsons Companies. Bob Miller remains chairman and CEO, a role he has held since April 2015.
Boise, Idaho — On the 2-year anniversary of the Albertsons-Safeway merger that created the second-largest supermarket company in the U.S., Albertsons Companies has grown its workforce by 10%, creating 26,000 jobs; built or acquired 174 locations; and elevated its commitment to sustainability.
City of Commerce, Calif. — 99 Cents Only Stores LLC has appointed Felicia Thornton as its chief financial officer and treasurer. Thornton has extensive executive experience in retail, and particularly in the grocery store industry, having served in senior leadership positions at DSM, Inc., Albertsons and The Kroger Company.