Retail

NEW YORK — Target Corp. has won approval to put its signature red logo on one of Chicago's most famous buildings. The Permit Review Committee of the Commission on Chicago Landmarks on Thursday approved the chain’s request to allow its bull's eye to be placed on its new store planned for downtown Chicago.

NEW YORK — eBay is taking a stand against counterfeit goods by partnering with the Council of Fashion Designers of America (CFDA) to launch "You Can't Fake Fashion," a new campaign to celebrate original design. Part of the campaign includes the creation of totes, customized by 50 designers, which sport the tagline "You can't Fake Fashion."  This collection is now on sale exclusively at eBay Fashion Vault at fixed, "Buy It Now" prices.

JACKSON, Miss. — Cal-Maine Foods announced that the company has named Todd Walters VP operations, effective July 11. Walters will have responsibility for all of Cal-Maine Foods’ production and processing facilities located in Texas.

Boasting a high resolution screen, long battery life and fast page-turn performance, a new e-reader called the iriver Story HD is set to hit Target stores this weekend. The product is a big deal because it integrates with Google eBooks and Target will be the exclusive retailer of the device, at least for a while as exclusives on hot new electronics items tend to be fleeting.

Overall, the number of inserts and pages declined slightly across the retailer set in June 2011 versus June 2010.

NEW YORK — The Jones Group announced that it has entered into an exclusive, world-wide license agreement with Philip Simon Brands Group for the creation, production, marketing and global distribution of a fashion sneaker collection under the Nine West brand.  

Greatwide Logistics named a new CEO, and YRC Worldwide named a new SVP on Monday.

Greatwide said John Tague would serve as CEO, replacing Leo Suggs who is retiring, but will continue to serve as chairman. Tague previously served as president of United Airlines and also held the position of COO and chief revenue office during his eight years with the airline.

Delinquency rates in Target’s credit card portfolio are now at their lowest level in three years as more people are paying their bills on time. It is an encouraging sign for the long-term health of the nation’s economy to know that people are increasingly using credit in a responsible manner, at least those who have a Target card anyway, and therefore more likely to honor their obligations.