Retail

DALLAS — JCPenney Co. will host a two-part launch event where senior management will outline its much-anticipated plan of transformation on the mornings of Jan. 25 and Jan. 26 in New York City.

WASHINGTON — The National Retail Federation said it welcomed President Obama’s plans to boost travel and tourism, saying efforts to process visa applications more quickly will help U.S. stores make more sales to foreign tourists and business travelers who want to come here to shop.

SAN BRUNO, Calif. — Walmart is offering consumers the chance to get their product sold on Walmart.com and in Walmart stores in its new contest, "Get on the Shelf."

The nationwide contest is the latest announcement from @WalmartLabs and similar to the popular American Idol television show, contestants will create videos of their latest inventions and the public will vote online for the winners.

DAVENPORT, Iowa — Von Maur Department Store has announced the promotion of Joy Place to VP merchandising, effective immediately. She will report directly to Melody Westendorf, chief operating officer of Von Maur.

FRAMINGHAM, Mass. — Staples announced that it is offering small business owners the chance to win up to $50,000 in free television advertising in their home market through its “Give Your Small Business the Push It Needs” contest.

Woodland Hills, Calif. — Great American Group, a provider of asset disposition, valuation and appraisal services, has appointed Mike Wyse to a new VP position at the company.

In the new role, Wyse will focus on generating revenue through the cross-promotion of all Great American Group’s services with an emphasis on the retail services sector. 

NEW YORK — The National Retail Federation has announced the newest executives elected to serve on its board of directors. The announcement was made during NRF's 101st Annual Convention in New York.
Each new board member will serve a three-year term. Macy’s Inc. chairman, president and CEO Terry Lundgren was re-elected to serve another full-year as  chairman of the NRF Board. 

The new executives elected to serve on NRF board of directors include:

• Thomas Belk, chairman and CEO, Belk Inc.

QUINCY, Mass. — Stop & Shop has reintroduced its Guaranteed Value product line in an effort to help customers on a budget.

The line, which includes about 200 items, touts prices that are an average of 20% to 25% less than national brands. What's more, 60% of the items cost $2 or less. What's more, packaging for items that are part of Guaranteed Value have undergone a makeover, with the yellow, blue and red packaging being replaced with a bright orange and white design that highlights the value offered with each product.