Dive Summary:

• U.S. retail chain Shopko has named former Loblaw retail executive Peter McMahon as new chief executive officer for the company.
• McHahon will take over the new leadership role with Shopko after serving 30 years in international retail, including stints with Walmart and Tesco.
• Shopko is controlled by Sun Capital Partners and currently controls over 300 retail locations throughout 19 U.S. states.

Dive Insight:

McHahon will help lead Shopko’s strategic effort to widen its brick-and-mortar footprint into more rural and underserved markets. “His extensive Supply Chain experience will be a tremendous asset as Shopko continues to grow its Shopko Hometown store format which serves smaller, rural markets. Peter will be an excellent addition to lead the already strong executive team at Shopko,” said T. Scott King, senior managing director for Sun Capital Partners.