News

Minneapolis – An unconfirmed executive departure at Target Corp. will have major ramifications on its digital and mobile retail operation if the report is accurate.

According to Re/Code, Alan Wizemann, VP of product for Target.com and mobile, is leaving the company for unspecified reasons.

Framingham, Mass. – The TJX Cos. Inc. apparently has a taste for vegemite.

TJX is purchasing Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corp. Ltd. for $58.45 million. The acquisition of Trade Secret provides TJX an opportunistic entry into Australia, where it currently operates one of its 13 buying offices.

Hangzhou, China – A week after unveiling a cloud protection plan and releasing more than 60 new cloud products and solutions through its cloud computing subsidiary Aliyun, Alibaba is not standing still.

The Chinese Internet giant is firmly staking a claim in the cloud with the planned investment of an additional $1 billion to fuel further growth at Aliyun.

Framingham, Mass. - With an ever-growing population of individuals gaining access to smartphones and mobile devices, there's no avoiding the escalated demand to meet consumers where they are with the precise product they want. According to a new study from IDC Retail Insights, this need will in turn drive the capabilities built by distributed order management (DOM) solutions providers.

Boston – When it comes to managing records and information, retailers are surprisingly lax compared to members of many other industries.

According to a new study from enterprise information management provider Iron Mountain, just one in three retail businesses have a records and information manager.

Ann Arbor, Mich. – Social media and search engines are two of the most popular online destinations, but are heading in different directions when it comes to customer satisfaction. According to new data from the American Customer Satisfaction Index (ACSI), social media’s index score climbed 4% to a score of 74 on a 100-point scale.
    

A veteran retailer with experience in running big national chains has joined City Sports as its new chief executive.

Overstock.com has come up with an exclusive back to school offer designed to appeal to teachers.

The retailer is offering free Club O loyalty program memberships to teachers of all grade levels. With every purchase on Overstock.com, Club O members receive free shipping and a minimum of 5% back in Club O Rewards Dollars to spend on the online shopping website.

Victoria's Secret has a new cadre of Angels to celebrate the launch of two new lingerie collections.

In an ongoing effort to refresh its selection of on-trend food products, Sam's Club is once again expanding its offering when it comes to organics.