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Walmart, T-Mobile team to introduce no-contract wireless offering
Bentonville, Ark., and Bellevue, Wash. — Walmart and T-Mobile USA, Inc. announced Monday that T-Mobile will launch a $30 unlimited web and text monthly 4G prepaid service plan to be sold exclusively in-store at more than 2,200 Walmart stores and online at Walmart.com and T-Mobile.com.
The new plan is slated for an Oct. 16 launch.
In addition, Walmart is increasing its line-up of T-Mobile phones to six, including the addition of Walmart’s first 4G prepaid handset.
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Michael Francis leaves Target for J.C. Penney
New York -- In a surprise announcement, Target said that Michael Francis, executive VP and chief marketing officer of Target Corp., has elected to leave the company. In January, 2011, Francis was charged with overseeing with Target’s Canadian entrance.
The retailer was short on specifics regarding Francis’ departure.
"We would like to thank Michael for his many contributions and wish him the best in his future endeavors" said Gregg Steinhafel, chairman, president and CEO, in a statement.