Supervalu has named Anne Dament svp/retail, merchandising and marketing.
Target Corp. announced that comparable sales during the combined November/December holiday period decreased 1.3%.
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.
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.
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.