Retail

Plano, Texas – J.C. Penney Co., Inc. will reportedly hire about 35,000 seasonal workers for the upcoming holiday season. According to Reuters, holiday workers will help perform tasks such as assisting customers and updating price signage.

J.C. Penney also hired about 35,000 seasonal employees during the 2011 holiday season. The retailer did not release holiday hiring figures last year.

Chadds Ford, Pa. — Three more new retailers have signed leases at Glen Eagle Square. Gap’s national women’s athletic wear brand Athleta, took 5,100 sq. ft. Pet Valu leased 3,200 sq. ft. and Not Your Average Joes, a casual American-style restaurant will occupy more than 7,200 sq. ft.

Eastman Kodak Company has elected James V. Continenza chairman of the board. Continenza has been a Kodak director since April. Kodak CEO Antonio M. Perez remains a member of the board.

“Kodak is a company poised for growth. I look forward to providing leadership as the company realizes its potential as a technology company focused on the packaging, graphic communications, and functional printing markets,” said Continenza.

Memphis -- AutoZone’s net income for the fourth quarter increased 14.7% to $371.2 million, below estimates. The chain also posted its 28th consecutive quarter of double digit growth in earnings per share.

Revenue rose 12% to $3.1 billion, narrowly exceeding expectations. Domestic same-store sales disappointed with a 1% gain.
 

By Joe Easley, Sr. Director, Business Development & Product Strategy, Kobie Marketing

As retailers continue their quest for deepening customer engagement, they’ll often turn to a loyalty program. Yet high membership numbers are deceiving because engagement levels are actually stagnant. This poses the question, are loyalty programs right for every brand? How do brands choose the right strategy for customer engagement and the overall integration of the loyalty program within the brand?

eBay Enterprise, a leading global provider of commerce technologies, omnichannel operations and marketing solutions for retailers and brands, introduced its latest suite of commerce technologies at its annual client summit.

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Columbus, Ohio – Big Lots, Inc. has joined the National Association of Corporate Directors (NACD) as full board members.

"We are honored to join the distinguished and diverse group of directors who comprise NACD's full board members," said Philip E. Mallott, chairman of the board at Big Lots. "The resources, insights, and connections NACD offers will be valuable assets to our company as we continue to strengthen our corporate governance practices."