retail news in context, analysis with attitude

• Wegmans announced yesterday that Colleen Wegman, the company's president, now is taking on the additional responsibilities of CEO of the company. Her father, Danny Wegman, will now assume the title of chairman.

"The time has come to create a structure for the future that will allow us to remain strong, vibrant and family-owned," Danny Wegman said in a statement. "I have no doubt that our company will be in good hands.”
KC's View: