Target Kicks Off Soccer Marketing Drive

In a major push into sports marketing, Target Corp. plans to position the company as one of the country’s largest supporters of soccer in the United States.

Kohl’s Tech Quest Seeks To Enhance Shopping Experience

Kohl’s is taking the broad view of omnichannel retailing as it is working on new ways to make the customer’s shopping experience as hassle free as possible online and on the sales floor, Ratnakar Lavu, the company’s chief technology officer, stated in a presentation at the National Retail Federation Big Show in New York.

First Insight: Retailers Driving Markdown Mania

According to a study from First Insights, a pricing technology solutions firm, bargain hunting is having a big effect on retail prospects today, with 45% of women who responded to a survey stating that they must see a markdown of 41% or greater to even enter a store today.

Croom Named Lowe’s CFO

Lowe’s has promoted Marshall Croom to the position of chief financial officer. Croom succeeds Robert Hull Jr., who announced plans to retire after 17 years at Lowe’s.

Walmart To Create 10K U.S. Jobs

Walmart said it would expand its workforce by 10,000 this year through the opening of 59 new, expanded or relocated Walmart and Sam’s Clubs facilities along with an expansion of e-commerce services.

McNamara: Target Seizing Digital Leadership

Target has turned around its digital operations by streamlining the company’s e-commerce infrastructure, said Mike McNamara, the company’s evp/chief information and digital officer, at the National Retail Federation’s Big Show in New York, saving hundreds of millions of dollars while increasing effectiveness.

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