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JCPenney added two executives, one from The Home Depot and the other from Target, to its leadership team. Michael Amend is JCPenney's new exec-VP of omnichannel and Mike Robbins joins the company as senior VP of supply chain.
Walmart, Target and Old Navy are some of the top retailers based on a parent perception metric that measured intent to purchase back-to-school items. Dropping to the bottom of the list is Abercrombie & Fitch, according to a YouGov BrandIndex survey.
This week Target's VP of product for Target.com and mobile announced his resignation and Kroger's 18-year veteran and VP of corporate affairs announced her retirement. Catch up on all the other comings and goings of the retail industry in this week's Chutes& Ladders.
CurrentC, a long awaited competitor to Apple Pay, will begin testing in stores next month. Among all the mobile payment apps either in the market now, or expected in the near future, CurrentC is the only one funded by major retailers, including Walmart, Target and Best Buy.
Target is turning to the internet to promote back-to-school, its second biggest selling season. Using a "School List Assist" tool on its website, social media influencers to interest kids, and deals aimed at parents, Target wants to position itself as a one-stop shopping destination. The school list tool is new to Target.com and provides a curated list of school supplies that can be ordered online for delivery to homes or to stores. During the back-to-school selling season, Target plans to continue to use social media to highlight products and trends.
Target recently opened a state of the art Cyber Fusion Center to protect customer data from online threats. It is part of the $1 billion investment the retailer is making in technology and supply chain this year.
Target is opening its second smallest store in the world. Located at Highland Park in St. Paul, Minnesota, and set to open July 22, the TargetExpress is customized for quick trips for those living in the area.