News

It’s an omnichannel holiday at Hyvee
Regional supermarket co-op Hy-Vee Inc. is giving customers seamless access to their purchases just in time for the holidays.
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.

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.
Tony Rogers to lead Walmart marketing

Walmart has recalled marketing executive Tony Rogers from his post in China to lead the retailer’s domestic marketing efforts.
Pinterest promotes social commerce value

Pinterest is adding a new feature to its Buyable Pins in-app purchase mechanism aimed at price-conscious shoppers.
Update on American Apparel

Dov Charney, the founder and ousted CEO of American Apparel, continues with his efforts to regain control of the company. But with the chain slated to emerge from bankruptyc in mid-January, time is running out, Bloomberg reported.

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Analysis: Retailers disrupt mobile payment space

Unconfirmed media reports indicate Target is in the early stages of developing its own mobile payment solution.
Neiman Marcus exec moving to Tuesday Morning

On the heels of naming a new CEO, Tuesday Morning Corp. has appointed a new finance chief as well.

The company named Stacie Shirley as executive VP, CFO and treasurer, effective January 18, 2016. Most recently, she served as senior VP - finance and treasurer of the Neiman Marcus Group. She started at Neiman Marcus in 2001.

Prior to Neiman Marcus, Shirley served in various positions with CompUSA.

Tuesday Morning recently names a former board member, Steve Becker, as its new CEO.
And the top CEOs are….

Executives from retail and restaurant chains grabbed some of the top spots in an annual ranking of the nation’s top CEOs.

Rite Aid chairman and CEO John Standley was rated the number one executive on ExecRank’s 2015 Top Mid Cap CEOs list. Taking the number two spot: Sally J. Smith, CEO and president of Buffalo Wild Wings. Gary Friedman, chairman and CEO of Restoration Hardware Holdings, took the third spot.
IDC: ‘Mobile first’ looks like a smart strategy

Retailers who are focusing on mobile as a means of digitally engaging customers have some solid data backing up their approach.
Consumer clash: Don’t call me 'old,' don’t call me 'young'

Move over millennials, there are two demographics ready to shake up the consumer landscape and impact retail sales.
The future of food, NPD weighs in

Fresh, real and hot (as in spicy) are among the top trends food retailers can look to capitalize on in the new year, according to one of the nation’s foremost food authorit