News

MINNEAPOLIS — Michael Francis, EVP and CMO of Target, and the person charged with leading the retailer's expansion into Canada, has left the company, Target announced Monday.

“We would like to thank Michael for his many contributions and wish him the best in his future endeavors” said Gregg Steinhafel, chairman, president and CEO.

The current economic climate has us all thinking more about retail expansion than perhaps over the last two to three years, but real estate disposition/portfolio optimization isn’t just on simmer. There’s still plenty of action in that arena, and Chain Store Age talked with Spence J. Mehl, SVP of New York City-based RCS Real Estate Advisors, about the latest happenings.

LOS ANGELES — The state of the economy continues to impact consumers' holiday shopping decisions as many plan to spend less or the same this year.

Naperville, Ill. -- OfficeMax Inc. has launched new checkout terminals in more than 100 stores that harness Google Wallet to enable customers to pay, redeem coupons and reap the benefits of OfficeMax's MaxPerks Rewards loyalty program, all with a tap of their mobile phones. The chain is the first national office supply retailer to accept mobile payments through Google Wallet, which is a partnership between Google, MasterCard Worldwide, Citigroup Inc., Sprint Nextel Corp. and First Data Corp.

With its chief marketing officer, Michael Francis leaving to take on the role of president of JCPenney, Target is temporarily without an executive to head up its expansion into Canada, which should come as good news to Walmart Canada, which recently announced some leadership changes of its own.

Former Asda executive and Walmart Canada CEO David Cheesewright has a new role that opens up some intriguing growth possibilities, given his new responsibilities include oversight of geographic areas where Walmart doesn’t currently operate stores.

PLEASANTON, Calif. — Safeway announced that Portland, Ore. has been named "America's Most Natural City." The city earned the title by garnering the most votes on Facebook.  As a result, Portland will receive a donation of $20,000 and 25 picnic tables constructed from the Guinness World Record holder for the World's Longest Picnic Table. 

Dodgeville, Wis. -- Lands' End  announced the promotion of Tim Martin to COO and CFO and Chris Kolbe to brand president.  

Martin most recently served as senior VP, CFO. Kolbe most recently served as chief merchandising and design officer for Lands' End.

SECAUCUS, N.J. — The Children's Place Retail Stores has announced the appointment of Peter Warner as SVP global sourcing, effective immediately. Warner will report to Eric Bauer, COO, and will serve as a member of the company's senior leadership team. He will be responsible for the global sourcing and production functions, technical services and Asian operations.