WEST SACRAMENTO, Calif. — The restructuring process at Raley's Supermarkets here has concluded, Michael J. Teel, president and chief executive officer, said. After eliminating 153 corporate office positions earlier this month — just days after announcing it would eliminate five top executives — Teel said the company does not plan any more cutbacks. The layoffs are not the result of a financial crisis, he told SN. “Cash flow is very strong, and these moves are strategic, to preempt a ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.