Marketing

New York -- In a surprise announcement, Target said that Michael Francis, executive VP and chief marketing officer of Target Corp., has elected to leave the company.  In January, 2011, Francis was charged with overseeing with Target’s Canadian entrance. 

The retailer was short on specifics regarding Francis’ departure. 

"We would like to thank Michael for his many contributions and wish him the best in his future endeavors" said Gregg Steinhafel, chairman, president and CEO, in a statement. 

Johannesburg, South Africa — A Bloomberg report on Sunday said that Massmart Holdings Ltd., the South African retailer controlled by Wal-Mart Stores, Inc., will open 23 new outlets over the next eight months, part of its plan to not only expand its coverage area but also to add jobs in the region. The plan calls for 15,000 jobs over the next three years.

The retailer also said it will repeat a price-cut promotion at its stores.

Bentonville, Ark., and Bellevue, Wash. — Walmart and T-Mobile USA, Inc. announced Monday that T-Mobile will launch a $30 unlimited web and text monthly 4G prepaid service plan to be sold exclusively in-store at more than 2,200 Walmart stores and online at Walmart.com and T-Mobile.com.

The new plan is slated for an Oct. 16 launch.

In addition, Walmart is increasing its line-up of T-Mobile phones to six, including the addition of Walmart’s first 4G prepaid handset.

Secaucus, N.J. — The Children's Place Retail Stores, Inc. said Friday that it has named Peter Warner as SVP global sourcing, for the chain.

Warner will be responsible for the global sourcing and production functions, technical services and Asian operations. Most recently, he served as SVP of Global Sourcing & Operations for Liz Claiborne Inc.

Seattle -- Nordstrom announced plans to open a new Nordstrom Rack in Temecula, Calif.

The 35,700-sq-ft, store is scheduled to open during spring 2012 at Commons at Temecula, a regional shopping center. It will occupy the former Linens 'n Things space.
 

Birmingham, Ala. -- Books-A-Million said Thursday it has appointed Tyler Novak as general counsel.

Novak will be responsible for overseeing all the company's legal affairs, including general corporate legal matters, intellectual property and corporate compliance, and will report to Clyde B. Anderson, chairman and CEO.
 

MATTHEWS, N.C. — The chief investment officer of Trian Fund Management has been named to the board of directors at Family Dollar, the retailer announced.

Edward Garden's appointment as board member is effective immediately. With this appointment, Family Dollar's board expands to 11 directors.

Former Walmart senior executive and longtime board member Jack Shewmaker is among a group of four business leaders slated for induction into the Arkansas Business Hall of Fame. The induction ceremony will be held Friday, Feb. 10, 2012.

Wan Ling Martello may not have been a household name outside of Walmart, but that doesn’t diminish the significance of her departure from a company eager to achieve a higher degree of diversity among the ranks of its senior executives.

Normally, it is a big deal when the vice chairman of a major company announces their retirement. Especially when said executive is only 56 and in the prime of their senior leadership years. That wasn’t the case earlier this week when Walmart announced that Eduardo Castro-Wright would be stepping down as vice chairman and CEO of the company’s global e-commerce and global sourcing businesses.