News

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.

Weis Markets cited a shortened holiday season among the reasons for a decline in fourth quarter and year-to-date sales.

The company reported $686.4 million in fourth-quarter sales for the 13-week period ended Dec. 28, 2013, representing a decline of 1.1% as compared to the year-ago period. Comparable store sales for the same period were down 3.5%.

In 2013, the company's sales totaled $2.7 billion, down 0.3% compared to 2012. Comparable store sales for the 52-week period ending Dec. 28 declined 2.6%.

Livonia, Mich. – A large majority of consumers consider themselves value seekers, and they are increasingly using the Internet, social media and mobile devices to obtain value. According to the new Valassis Shopper Marketing Report, nearly eight in 10 consumers consider themselves value seekers, self-described as promotion sensitive or price conscious.

Uniqlo has enlisted musician and music producer Pharrell Williams as a collaborator and spokesperson for the UT 2014 spring-summer collection. Launched in 2003, Uniqlo’s UT T-shirt brand is getting a fresh start this year, as “The New Model T,” a collection produced by its creative director and street fashion icon Nigo.

Atlanta -- The requirements of the 2013 revision of an energy standard recently published by ASHRAE and IES will result in buildings that could achieve 6% to 8% more efficiency than buildings built to the 2010 standard.

Published in October 2013, ANSI/ASHRAE/IES Standard 90.1-2013, Energy Standard for Buildings Except Low-Rise Residential Buildings, provides minimum requirements for the energy-efficient design of buildings except low-rise residential buildings.

Chicago -- Galleria, a provider of retailer and vendor category management solutions, is expanding into the Asia Pacific region.  This growth is part of an ongoing international program of strategic focus and investment for Galleria.

In addition to navigating the regulatory hurdles and adapting to a difference in consumer culture, recent initiatives from Galleria have included solution developments to facilitate new market connectivity in Hong Kong and other areas within the region.

New York -- Walgreens will share learnings, insights and real-time performance data gained from building and operating the retail industry’s first net zero-energy store at Chain Store Age’s 50th annual SPECS Conference, March 9 -12, Gaylord Texan Hotel,  Grapevine, Texas.  
 

Deerfield Park, Ill. - Walgreens and Roush Fenway Racing have launched a partnership to stage "The Race Around America" interactive promotion, presented by Balance Financial Prepaid MasterCard from Walgreens. By registering their cards for the promotion, Balance financial card cardholders will be entered in the sweepstakes portion of the omni-channel promotion.