Target, Inc.

J.C. Penney’s efforts to become a world class omnichannel retailer are under the leadership of a new chief information officer with a unique background.

J. C. Penney appointed Therace Risch as executive vice president and chief information officer, effective immediately. Risch joins the retailer from COUNTRY Financial, and succeeds Scott Laverty.

A week after Walmart announced it would launch a mobile payment solution, one of its chief rivals is reported to be working on the same.

Target Corp. is in the early stages of developing its own mobile wallet, according to Reuters, but it has not yet committed to launching the product.

Walmart has recalled marketing executive Tony Rogers from his post in China to lead the retailer’s domestic marketing efforts.

Unconfirmed media reports indicate Target is in the early stages of developing its own mobile payment solution.

Retailers need to improve several aspects of their omnichannel customer engagement strategies if they want to truly satisfy customers.

At CVS Health’s annual Analyst Day held Wednesday here, Helena Foulkes, CVS/pharmacy president, shared significant details on the progress CVS Health has made to drive growth in its stores.

At its annual Analyst Day in New York Wednesday morning, CVS Health raised the midpoint of its earnings outlook for 2016.

CVS Health has completed its acquisition of Target’s pharmacy and clinic business for approximately $1.9 billion, the two companies announced Wednesday.

This month, Target began contacting its Pharmacy Rewards members to informing them that the company was ending the rewards program because CVS/pharmacy will bring its own program when it replaces the pharmacies in Target stores as part of a deal between the two companies announced this summer.

Home Depot, Amazon.com and Safeway are tops when it comes to offering the best mobile commerce experience according to a new study that benchmarks 20 top U.S. retailers against one another.