NEW YORK — Supervalu's store managers can double their incentive bonuses under the retailer's new "hyper-local" initiative, which turns control of certain merchandising displays and buys from central control to local store managers, Sherry Smith, Supervalu's chief financial officer, said in remarks at the Goldman Sachs Global Retailing Conference here Wednesday. "We've always had [incentives] driven around the metrics of the store performance in terms of sales and earnings," Smith said, ...
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