One of Hy-Vee’s best assets, according to Executive Vice President Tom Watson, is the autonomy of its store directors. The West Des Moines, Iowa-based chain is known for its innovative compensation program for store managers, through which they earn a share of their store’s profits as their salary and have a high level of control over their store’s operations. “It lets us react quickly, and lets us go to market with different philosophies according to each ...

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