Company Ticker

Target names Kristi Argyilan as SVP for Media and Guest Engagement

Source: 
Retail In Asia

Target Corp. is strengthening its marketing organization and recently hired Kristi Argyilan as senior vice president, media and guest engagement.

Target names Peter Glusker new SVP and New Business Integration and Operations

Source: 
Retail In Asia

Target Corporation recently announced the appointment of Peter Glusker as its senior vice president, new business integration and operations.

Glusker will lead the integration of new acquisitions into Target and develop strategies for consistent and great guest experiences.

Target appoints new CIO, outlines updates on security enhancements

Source: 
Retail In Asia

Target has appointed Bob Derodes as its new executive vice president and chief information officer to lead the company's information technology transformation.

DeRodes has been a senior information technology advisor for the Center for CIO Leadership, the US Department of Homeland Security, the US Secretary of Defense, and the US Department of Justice. He has also held top technology positions at a number of industry-leading, multinational companies including CitiBank, USAA Federal Savings Bank, First Data, Home Depot and Delta Air Lines.

Nike takes minority stake in online retail analytics startup Reflektion

Source: 
RetailTech Innovation

NIKE Inc., through its strategic partnerships team, has taken a minority investment in US-based start-up Reflektion, an innovator in online retail predictive analytics.

Christiana Shi, NIKE's President of Direct to Consumer, said Reflektion’s technology offers potential personalization capabilities to further enhancs consumers’ online experienc.

The company expects its e-commerce business to be one of its biggest drivers of revenue growth in coming years, with Nike.com revenues expected to grow four-fold by the end of fiscal year 2017.

Most online retailers miss ROI opportunities in site search, survey says

Global eCommerce companies are missing significant opportunities to improve the effectiveness, reach and return of their marketing and sales programs, according to a new survey of 160 global retail organizations conducted by SLI Systems (www.sli-systems.com) (NZX: SLI).

While online retailers' top priorities for 2014 are their e-commerce platform, site search and SEO, followed closely by mobile and customer-focused analytics, 57 percent admit to not utilizing their site search reports and information to enhance marketing programs, a new survey found.

Australia's food retail growth reinforces supermarket centres

The disconnect in trading conditions between discretionary and non-discretionary retail spending in Australia was confirmed on Monday with the release of December 2011 retail trade data by the Australian Bureau of Statistics (ABS), which highlighted annual food turnover has continued to grow strongly at 4.2 percent, while department stores and clothing turnover posted an aggregate fall of -2.6 percent; the worst annual performance on record.

P&G delivers 4pc organic sales growth for the Oct-Dec quarter

Source: 
P&G

The Procter & Gamble Company (P&G) delivered 4 percent sales growth to USD22.1 billion for the October – December quarter, the company announced on Friday.

Kodak announces agreement to sell Eastman Gelatine subsidiary

Source: 
Kodak

Eastman Kodak Company announced on Thursday that, consistent with its previously announced intention to sell non-core assets to sharpen the Company's focus on its digital growth initiatives and accelerate Kodak's transformation to a digital company, it has agreed to sell its Eastman Gelatine Corporation business to Rousselot, part of the Netherlands-based Vion Food Group.

Amazon Announces Best of Digital Store

Source: 
Amazon.com

Online retail giant Amazon recently announced "Best of Digital" store, which features recommendations from Amazon's team of editors on must-have movies & TV shows, music, video games, software, mobile apps, magazines and Kindle books, along with hundreds of deals on digital content.

Gap opens first flagship store in HK

Source: 
Gap Inc.

Gap Inc. on Friday announced the launch of its first flagship store in Hong Kong. The store is Gap's ninth in the Greater China region as the company continues to expand the international reach of its brands through its franchise, online and company-operated channels.

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