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J.C. Penney names CFO
Dallas -- J. C. Penney Co. has named Michael Dastugue as executive VP and CFO. He served most recently as senior VP finance, and was responsible for directing the financial strategies of all J.C. Penney business units.
Dastugue succeeds Robert Cavanaugh, who will serve as an adviser to chairman and CEO Myron Ullman until his retirement in January 2012.
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Kroger looks to speed up self-checkout lines
NEW YORK — Fujitsu on Monday unveiled its latest checkout technology at the National Retail Federation trade show.
According to the company, the new technology boasts reduced time on lines and a customer-friendly checkout experience. Fujitsu also said that supermarket giant Kroger currently is evaluating the new technology in a limited number of its stores to boost the retailer's Advanced Checkout areas.