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Marketing

  • JCPenney adds top designers to holiday collection

    PLANO, Texas — JCPenney has added limited-engagement collections from Lulu by Lulu Guinness, Jenny Packham and Double Happiness Vivienne Tam to its holiday assortment.

  • Costco October sales up 9%

    ISSAQUAH, Wash. — Costco's sales for October rose 9% to $7.67 billion from $7.01 billion during the similar period last year.

    Total comps for the month increased 7%, consisting of a 7% increase in the United States, and a 9% increase internationally. Excluding the impact of fuel, U.S., international and total same-store sales increased by 5% each.

  • New Target coming to Chicago’s north side

    The opening of the first CityTarget in Chicago was a big deal this summer, but next fall an even bigger development is coming to an area just a few miles further north.

  • Orchard Supply names Overstock.com exec to marketing post

    San Jose, Calif. -- Orchard Supply Hardware Stores Corp. said Wednesday it has named Samantha Osselaer as VP marketing, effective Nov. 5.

    Osselaer was most recently senior director, creative and branding, for Overstock.com and has also served as a creative VP for both Smith & Hawken and Macy’s.

    As one of her duties, Osselaer will lead the branding and marketing of the chain’s new neighborhood store format that is currently being rolled out.

     

  • Clorox COO to retire; two SVPs to transition to EVP-COO roles

    OAKLAND, Calif. — The Clorox Co. on Tuesday announced that COO Lawrence Peiros, 57, will retire from the company effective April 1, 2013.

    Peiros, who joined Clorox in 1980 as a summer intern, was appointed a member of the company's executive committee in 1999 and then to the COO role in 2007. He also oversees the marketing, sales, research & development and product supply functions as well as Clorox's Eco office.

  • Office Depot adopts poison pill defense

    Boca Raton, Fla. -- Office Depot Inc. said Tuesday it has approved a poison pill defense to preclude investor Starboard Value LP from waging a takeover of the company.

    The activist investor became the office-supply retailer’s largest shareholder last month and has begun pushing for changes.

    The poison pill is a shareholder rights plan that would give its investors additional shares if one entity surpasses 15% ownership. Starboard owned 14.8% as of Oct. 12.

  • Team Target adds Canadian talent

    Target added to its roster of action sports athletes recently with the signing of Canadian freeskier Rosalind Groenewoud.

    According to Target, she is affectionately recognized by many simply as Roz G and is known for her amplitude and large variety of tricks. Widely considered to be one of the most influential halfpipe skiers in the world she joins eight other elite action sports athletes representing Target.

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