Marketing

Jacksonville, Fla. -- Regency Centers Corp. announced changes in its executive management team. Bruce Johnson, executive VP and CFO has announced that he will retire at the end of 2012. Effective with his retirement, Lisa Palmer, senior VP of capital markets, will succeed him as CFO.

New York City -- Hudson’s Bay Co. has completed the acquisition of Lord & Taylor, according to a report by Women’s Wear Daily.

The report said that HBC owner Richard Baker has dissolved the umbrella company that had until now held the two chains, and that HBC would now operate The Bay and Lord & Taylor. The new entity will be run by Bay CEO Bonnie Brooks, according to the report.

Dallas -- PeopleAnswers and Canada-based Town Shoes, which sells under Town Shoes and The Shoe Company, announced a software licensing agreement for the retailer to use the PeopleAnswers’ human-relations solution in its 124 stores across Canada for pre-employment screening and employee selection.

New York City -- Target Corp. is mulling a  new pricing strategy amid increased competition from online and brick-and-mortar rivals, according to reports by the Associated Press and Dow Jones.

The reports said that Target  has sent a letter to some of its key vendors as part of a potential new strategy to bolster its competiveness. The news comes just days before J.C. Penney is scheduled to announce a major overhaul in which pricing is likely to play a key role.

BENSALEM, Pa. — Charming Shoppes has announced the following executive leadership announcements.

PLEASANTON, Calif. — Safeway announced Friday that Tom Keller, president of the company's Vons Division, will retire after more than 40 years of distinguished service in the food industry. He will leave his post on Feb. 1. Gary Rocheleau, currently VP retail merchandising execution, will lead the Vons Division on an interim basis.

Bentonville, Ark. -- Wal-Mart Stores announced a series of  management changes that include an unexpected change in leadership at Sam’s Club, and a new chief information officer. The retailer said Sam's Club president and CEO Brian Cornell, 52, is resigning so that he and his wife can move back to the Northeast for family reasons. His departure comes as Sam’s has experienced strong sales growth.

Pleasanton, Calif. -- Safeway announced that Tom Keller, president of the company's Vons Division, will retire after more than 40 years of  service in the food industry, effective Feb. 1.

Gary Rocheleau, currently VP, retail merchandising execution, will lead Vons on an interim basis.