Strategy

The National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) have filed a friend-of-the-court brief with the U.S. Court of Appeals saying the National Labor Relations Board’s decision to recognize a “micro-union” of workers in a single department at a Macy’s store in Massachusetts was incorrect.

Minneapolis – Brian Cornell, CEO of Target Corp., reportedly received total compensation of $28.2 million in 2014. According to the Wall Street Journal, that figure includes $14 million in “make-whole” compensation he was paid for leaving his previous position as CEO of PepsiCo in August 2014.

Cornell also received a prorated salary of $595,000 from Target, among other compensation.

Seattle – Amazon.com is launching yet another new marketplace. Amazon Business provides access to hundreds of millions of products, as well as business-only selection and pricing.

Amazon Business customers will also receive free two-day shipping on tens of millions of eligible items, multi-user business accounts, custom spending approval workflows, integration with third-party procurement solutions, automated tracking of tax exemptions, dedicated customer support, order tracking, and corporate credit options.

Toys“R”Us and Toysrus.com are set to bring customers to a galaxy far, far away with a year-long omnichannel celebration in honor of the epic Star Wars saga.

Washington, D.C. – The National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) have filed a friend-of-the-court brief with the U.S. Court of Appeals saying the National Labor Relations Board’s decision to recognize a “micro-union” of workers in a single department at a Macy’s store in Massachusetts was incorrect. According to the trade organizations, allowing workers in a single department instead of the whole store to organize violates longstanding precedents on union organizing.

Plano, Texas – Rent-A-Center Inc. reported stable profit during the first quarter of fiscal 2015. The retailer’s net income totaled $27.3 million, up 1% from $27.26 million in the same quarter a year earlier.

Consolidated total revenues climbed 6% to $877.64 million, from $828.47 million. Same-store sales rose 8%.

Analytics leader SAS has long promised customers “the power to know” and now a major enhancement to data visualization capabilities means retailers don’t have to be a Ph.D to do things faster and more effectively with their massive volumes of data.

New York -- A report by Financial Times revealed that eBay’s CEO John Donahoe spoke out in support of Google as the search-engine giant defends itself in an antitrust case lodged in Brussels, Belgium.