Supervalu 'Hyper-Local' Effort Enlists Managers

Supervalu's store managers can double their incentive bonuses under the retailer's new "hyper-local" initiative, which turns control of certain merchandising displays and buys from central control to local store managers, Sherry Smith, Supervalu's chief financial officer, said in remarks at the Goldman Sachs Global Retailing Conference.

NEW YORK — Supervalu's store managers can double their incentive bonuses under the retailer's new "hyper-local" initiative, which turns control of certain merchandising displays and buys from central control to local store managers, Sherry Smith, Supervalu's chief financial officer, said in remarks at the Goldman Sachs Global Retailing Conference here Wednesday.

"We've always had [incentives

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