The Minneapolis, Minnesota-based chain said Monday that Jeff Burt will assume the title of senior vice president, grocery, fresh food and beverage on April 10. Burt was most recently the president of the Fred Meyer division of Kroger Co. and worked at that company for 30 years.
Category: Minneapolis, MN
Wall St Slips Ahead of Yellen’s Speech
The S&P 500 and the Dow were set for their first back-to-back losses since late-January on Friday, as investors preferred to wait and watch Federal Reserve Chair Janet Yellen’s speech for a steer on the chances of an interest rate hike this month. Yellen could support a rising sentiment among policymakers for an increase in rates amid data pointing to an improving U.S. economy.