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Jockey Bra, Schaumburg, Ill.

BY CSA STAFF
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A new concept from Jockey International, Jockey Bra offers shoppers an innovative shopping experience. The 1,170-sq.-ft. store, at Woodfield Mall, showcases Jockey’s revolutionary “volumetric” fitting system, which is designed to eliminate the frustrations associated with traditional bra shopping.

The space, designed by JGA, is welcoming and luxurious, enhanced by the underlying richness of the featured materials. Print graphics, digital screens and tablets and other elements, including a consultative selling bar, are featured extensively throughout the store, helping educating consumers about Jockey’s new fitting method.

Photo: Skies Fall, Racine, Wis.

Design:
JGA, Southfield, Mich.


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News

J.M. Smucker exec steps into director role at Foot Locker

BY CSA STAFF

Foot Locker has elected Steven Oakland, president of international, foodservice and natural foods at the J.M. Smucker Company, as a director of the company.

Oakland has spent the bulk of his career at J.M. Smucker serving in increasingly senior positions. He has experience in domestic and international retail operations at the company, having also served as president of U.S. retail for Smucker’s, Jif and Hungry Jack, and as GM of its Canadian operations.

"We are very excited to be bringing a person of Steve Oakland’s talent and caliber onto our board. He has a wealth of experience at J.M. Smucker, with particular strength in marketing and brand-building," said Ken C. Hicks, chairman and CEO of Foot Locker. "I know Steve will be a great fit with and strong contributor to our already strong board of directors."

Foot Locker operates 3,473 stores in 23 countries in North America, Europe, Australia and New Zealand. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point and Sidestep retail stores, as well as its direct-to-customer channels, including footlocker.com, Eastbay.com, CCS.com, SIX:02.com, runnerspoint.com and sidestep-shoes.com, the company is a leading provider of athletic footwear and apparel.

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FINANCE

Report: Target data breach costs banks more than $200 million

BY Marianne Wilson

New York — The costs related to Target’s data breach have now exceeded $200 million for financial institutions, according to the Consumer Bankers Association and the Credit Union National Association, the Associated Press reported. The $200 million figure does not include the cost of any a fraudulent activity, which would push the cost of the breach to the industry higher as consumers are not held liable.

The two trade associations said that 21.8 million of the 40 million compromised credit and debit cards have been replaced.

The Consumer Bankers Association estimated that the cost of card replacement for its members have reached $172 million, up from an initial finding of $153 million, the report said. The Credit Union National Association says the cost to credit unions has increased to $30.6 million from an original estimate of $25 million.

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