Written by The Business Journal Staff
The Save Mart Companies and new owner Kingswood Capital Management in Los Angeles have introduced Shane Sampson as the executive chairman of the Modesto-based grocery retailer.
The Save Mart Companies, which just a week ago announced its acquisition, makes this move on the heels of several innovative announcements already this year, including new delivery technology services and product lines.
Sampson is a fourth-generation grocer who aims to bring his decades of experience to The Save Mart Companies’ ability to build brands, strategize, and implement innovative marketing and merchandising programs, according to a news release. Starting his career in a local grocery store as a clerk, Sampson has learned the business from the ground up, culminating in being named Albertsons Companies’ chief marketing and merchandising officer.
Sampson was instrumental in developing Albertsons’ merchandising strategy during his time with the company, and saw the business rapidly scale its private label brands, helping to drive customer engagement throughout the company’s 2,300 stores.
He was also recognized as Mass Market Retailer’s Merchant of the Year in 2017, and received the Retail TouchPoints’ 2018 Innovator Award.
“The Save Mart Companies team has built a wonderful operation in the Central Valley of California throughout their 70 years of serving their customers and communities,” said Sampson. “The family and leadership team have done a tremendous job in establishing and perpetuating a commitment to innovation and service, and I think there is an exceptional opportunity to invest in and grow The Save Mart Companies’ brands.”
Prior to becoming Albertsons’ CMMO, Sampson was president of two Albertsons’ Divisions, and also held leadership positions at Ahold’s Giant of Landover, Walmart’s Sam’s Club, and Schwazze, a cannabis company based in Denver.
Sampson has also held leadership positions at Jacksons Companies based in Meridian, Idaho, and also served the executive board on ExtraMile’s joint venture with Chevron.
“We are thrilled to have Shane on the team,” said Alex Wolf, a partner of Kingswood. “His retail acumen is unparalleled, and he has driven results across all the companies he’s been a part of leading.”