Marketing

New York -- Canned peaches, criminal records and political contributions were among the shareholder concerns expressed at Target’s annual meeting on Wednesday afternoon.

Target held steady on the promotional front in May with the number of circulars and total pages consistent with the prior year. For a look at Target’s activity and those of other leading retailers check out the last report from Market Track.

 

 

Roswell, Ga. -- PGA Tour Superstore is opening a second Chicagoland location on June 14, in Downers Grove, Ill. The company opened a store in Schaumburg, Ill., last month.

Downers Grove is PGA Tour Superstore's 14th retail location. The stores are owned and operated by Golf & Tennis Pro Shop, whose controlling owner and chairman is Arthur M. Blank, retired Home Depot co-founder and current owner of the Atlanta Falcons.

Armonk, N.Y. -- IBM announced it has completed its acquisition of Tealeaf Technology, a provider of digital customer experience management and customer behavior analysis solutions.

The acquisition extends IBM’s Smarter Commerce initiative with qualitative analytics software that helps organizations deliver an optimal digital experience to their customers via the web and mobile devices.

NEW YORK — Martha Stewart Living Omnimedia has appointed Michael Robinson to the newly created position of VP e-commerce. Robinson brings retail, direct-to-consumer and digital experience working with popular brands such as Anthropologie, Smith & Hawken Ltd., and Banana Republic Inc., and will be responsible for building out the company's e-commerce presence, including the site the company is jointly developing with JCPenney, which is slated to launch in 2013.  He is reporting to Lisa Gersh, president and COO of MSLO.

New York -- Francesca's Holdings Corp.’s first-quarter performance surpassed expectations, helped by strong demand for its product. The chain’s earnings more than doubled to $8.7 million.

Net sales increased 48.6% to $61.3 million. Same-store sales rose 15.5%.

MINNEAPOLIS — Canned peaches, criminal records and political contributions were among the top shareholder concerns expressed at Target’s annual meeting on Wednesday afternoon.

Sidney, Neb. -- Cabela's Inc. announced that, effective January 1, 2013, Joseph M. Friebe, executive VP and president and CEO of the chain’s World’s Foremost Bank, will transition from his current positions and will become a special advisor to the CEO of the bank through 2014, when he plans to retire.

“Under Joe’s leadership, the Cabela’s Club Visa program has posted industry-leading results, which have contributed greatly to our strategic growth,” said Tommy Millner, Cabela's CEO.