TEEL NAMED RALEY'S PRESIDENT

WEST SACRAMENTO, Calif. -- Michael J. Teel, grandson of the founder of Raley's here and son of the chain's co-chairpersons, has been named president of the family-owned company.which account for sales of just under $2 billion, he said. The chain also plans to test a more perishables-oriented format at its Bel Air Markets in Sacramento to try to differentiate them more from Raley's, and to continue

WEST SACRAMENTO, Calif. -- Michael J. Teel, grandson of the founder of Raley's here and son of the chain's co-chairpersons, has been named president of the family-owned company.

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