WEST SACRAMENTO, Calif. — In an effort to reduce costs, Raley's here said it is eliminating five top executive positions, further fueling speculation about the future of the company. Michael Teel, president and chief executive officer, told SN the cutbacks “have nothing to do with performance issues — it's simply that we can't afford that kind of structure in today's competitive marketplace.” Industry sources said the move to cut the executive committee staff in half reflects the ...

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.