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Breaking News Alert

April 4, 2017

Supermarket News Daily

Save-A-Lot taps Lidl vet McGrath as new CEO

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. 

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