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JCP names new CIO with Target background
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.
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Report: Target developing mobile wallet
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.
