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New CIO to lead Target’s breach recovery
Ongoing efforts to bolster cyber security at Target will take place under the leadership of an interim chief information officer and several other key positions the company is looking to fill with external candidates.
Earlier this week, Target confirmed that EVP and CIO Beth Jacob has resigned her position and in a statement provided to Retailing Today from Target chairman, president and CEO Gregg Steinhafel made it clear the company is intent on elevating its technology capabilities following last December’s data breach.
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Winter no match for Walgreens in second quarter
Severe winter weather was unable to put a damper Walgreens’ February sales and overall second-quarter results for the period ended Feb. 28.
The company reported February sales of $6.1 billion, an increase of 5% percent compared to the same month in fiscal 2013. Total sales for the quarter were $19.6 billion, up 5.2%.