Strategy

J.C. Penney just poached two key executives to maximize the power, reach and integration of its omnichannel efforts.

The department store retailer named Michael Amend, former vice president of online, mobile and omnichannel for Home Depot, to the position of executive vice president of omnichannel effective immediately. He fills a position previously held by Mike Rodgers who left the company. Additionally, Mike Robbins, formerly the senior vice president of global supply chain for Target, will be joining the J.C. Penney as senior vice president of supply chain effective Aug. 10.

New York - Barnes & Noble Inc. on Monday completed the separation of its retail store and college businesses.

Following the spinoff, Michael Huseby, former CEO of Barnes & Noble, became executive chairman of Barnes & Noble Education, which will have a separate board of directors.

Sears Holdings keeps finding new ways to generate cash and gain financial flexibility, but selling merchandise is not among them.

Lakeland, Fla. -- Publix Super Markets is racking up another record year even as other grocers, including Whole Foods Market, are struggling under the weight of new competition.

Publix reports that sales for the second quarter were $8 billion, a 6% increase from last year’s $7.5 billion. Same store sales for the second quarter increased 4.1%.

Net earnings were $482.7 million, compared to $404.1 million in 2014, an increase of 19.5%.

Yahoo! Inc. is trying to expand its digital content and advertising business by acquiring a fashion website that allow shoppers to put together sets of clothes and accessories, and then buy them.

Hoffman Estates, Ill. – Sears Holdings Corp. is expecting to announce some rare good news about profits thanks to a real estate spinoff when it reports its second quarter results on Aug. 20. But the news will be tempered by dismal sales results.

Cincinnati - Macy’s and Bloomingdale’s are stepping up their efforts to get online goods delivered to shoppers faster than ever.
The department store company is expanding same-day delivery service to nine additional markets beginning this month. Both Macy’s and Bloomingdale’s are partnering with third-party delivery service Deliv to offer same-day delivery on products purchased online at macys.com, Bloomingdales.com, and on both brands’ mobile-enabled websites.

Ken Martindale, one of the key architects behind Rite Aid's recent growth, has been promoted to CEO Rite Aid Stores.