| In a surprise announcement, Save-A-Lot late Monday said it had appointed former Lidl executive Kenneth McGrath as its new CEO, replacing Eric Claus. The move is the first major personnel announcement for Save-A-Lot since its acquisition by the private equity firm Onex, and would appear to demonstrate how seriously U.S. discounters are taking the prospect of Lidl, their German counterpart. GET FULL ARTICLE |
