Strategy

VALHALLA, N.Y. — Fujifilm Holdings America Corporation announced that, effective June 28, Kaz Yamamura has been named as the new president of Fujifilm Holdings America Corporation; and Go Miyazaki has been promoted to president and COO of Fujifilm North America Corporation.

In his new role, Yamamura will also serve as the new chairman and CEO of Fujifilm North America Corp., overseeing management of eleven Fujifilm companies that operate in the United States. He is also a member of the board of directors and corporate VP Fujifilm Corp.

New York -- J.C. Penney CEO Ron Johnson said that he is sticking with the chain’s new pricing strategy and that the company’s board of directors was “totally supportive.”

In remarks at Fortune magazine's Brainstorm Tech conference in Aspen, Col., Johnson acknowledged that J.C. Penney initially confused customers when it came to explaining the new pricing strategy.

Frank Rescigna is the new president of worldwide licensing at Guess? Inc.

In his new role Rescinga will report to Guess CEO and co-founder Paul Marciano. Rescinga previously served as president of Viva, a Guess eyewear licensee.

Birmingham, Ala. -- Books-A-Million said its largest shareholder group, the Anderson family, has withdrawn its non-binding offer to take the company private.

The Anderson family, which owns a 53% stake in the chain, had offered $3.05 per share in cash to take the company private in April.

“After discussing the proposal with the special committee of the company’s board of directors and its advisers, the Anderson family has decided not to pursue the proposed acquisition at this time,” the company said in a statement.

REDWOOD SHORES, Calif. — JCPenney will implement a complete, open and integrated suite of Oracle Retail solutions designed to streamline operations and improve the cross-channel customer experience. The department store retailer will deploy applications in a host of critical areas, including merchandising, supply chain and store operation, to support its transformation initiatives.
 

By Mark Robinson, UPS Capital Corp.

PALO ALTO, Calif. — Macy's has launched a national rollout of Shopkick's location-based rewards application. Customers can now earn rewards, in shopkick’s cross-retail currency of “kicks”, just for walking in to more than 800 Macy’s stores nationwide, and instantly receive exciting exclusive deals and offers.

BENTONVILLE, Ark. — Classrooms by Walmart is the name of a new social media initiative the retailer launched Tuesday to simplify back-to-school shopping for millions of moms who view the season as an opportunity for a fresh start.