Thursday, March 26, 2009

CEO's need to know what a gallon of milk costs

Michael McDonald, Shopko's CEO, is resigning effective April 3 "to pursue another opportunity."


If any of the shareholders want to know what's wrong with Shopko, they need only walk into a Target and a Wal-Mart.

Shopko's prices are typically higher, merchandise selection narrower and merchandise quality often lacking.

Maybe Shopko's next CEO should walk into a Target and a Wal-Mart. Come to think of it, maybe the entire board of directors should do so.

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