Target Corp. on Thursday named retail and consumer products veteran Brian Cornell as its new CEO and chairman of the board, effective Aug. 12.

 

FTD Companies Inc. will acquire the Provide Commerce floral and gifting business from Liberty Interactive Corp. for $430 million in cash and stock.

 

Financial woes continue for RadioShack, which was recently notified it is in danger of being delisted by the New York Stock Exchange.

 

Latest News

Amazon.com is making a serious bid to control the Indian e-commerce market... more
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Web Exclusives/Guest Commentaries

Jul 30, 2014
In the early days of e-commerce, internet shopping was supposed to spell...
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Jul 28, 2014
The retail sector has been targeted and damaged by high-profile cyber...
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Jul 21, 2014
Showrooming may not be as concerning as many traditional retailers once...
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Jul 16, 2014
Consumers expect to be able to easily interact with their favorite brands...
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Store of the Week

Urban Outfitters, New York City

Urban Outfitters has gone big — really big — in New York City, opening a 57,000-sq.-ft. “lifestyle center” store in Manhattan’s Herald Square area. More...

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Industry Analysis

New kid Foran pushes out old guard at Walmart U.S.

By Sandy Skrovan, U.S. research director at Planet Retail

It’s no shock Bill Simon is leaving after not getting the lead role when Mike Duke stepped down as Walmart CEO last year. Simon did a lot of things well during his tenure at Walmart U.S., but we view it as having been difficult for him to have filled Duke’s shoes to become CEO of the largest global retailer without relevant international experience. Read More.

 

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In This Issue

SPECIAL SECTION: What the Retail CFO Needs to Know
07/01/2014
SPECIAL SECTION: What the Retail CFO Needs to Know
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