Modesto, Calif. — The Save Mart Companies and Kingswood Capital Management, LP have named Shane Sampson as executive chairman of the California-based, regional grocery retailer.
Sampson is a fourth-generation grocer who brings nearly four decades of experience to The Save Mart Companies in building brands, implementing innovative marketing and merchandising programs, and leading strategic operations. Most recently, he served as Albertsons Companies’ chief marketing and merchandising officer. He was instrumental in driving Albertsons’ merchandising strategy during a period of monumental growth during which he oversaw significant development and innovation of digital and e-commerce strategies, rapidly scaled its private label brands and built customer and associate engagement across 2,300 stores.
Prior to his position as CMMO at Albertsons, Sampson was also president of two separate Albertsons divisions: Jewel-Osco and Shaws/Star Market. He also held leadership positions at Ahold’s Giant of Landover, Walmart’s Sam’s Club and Schwazze, a Dye Capital portfolio company based in Denver. Most recently, Sampson held a leadership position at Jacksons Companies based in Meridian, Idaho.
“We are thrilled to have Shane on the team,” says Alex Wolf, a partner of Kingswood. “His retail acumen is unparalleled, and he has driven results across all the companies he’s been a part of leading. We’re looking forward to leveraging his significant retail experience into The Save Mart Companies’ operations.”
The Save Mart Companies, a Kingswood Capital Management, LP portfolio company and a California- based grocer, operates approximately 200 Save Mart, Lucky California and FoodMaxx stores in the California Central Valley and Northern Nevada.
Kingswood Capital Management, LP is a private investment firm primarily focused on investing in businesses in transition. For more information, visit www.kingswood-capital.com.
SOURCE The Save Mart Companies