NRF: Retail industry added 28,000 jobs in June
Washington — The retail industry added 28,000 jobs in June, according to the National Retail Federation. NRF said the industry had marked increases in every sector except furniture and home furnishings and health and personal care stores.
“Today’s strong jobs report is welcomed news for the economy and may signal positive and accelerated momentum for the second half of 2013,” NRF chief economist Jack Kleinhenz said. “Payrolls came in stronger than expected, including in the retail industry, which witnessed strong gains in building supplies, clothing and sporting goods. The economy is currently stable but traction and pace remain uncertain.”
Co-founder of Target dies at 88
New York — The co-founder of Target, Douglas Dayton, died Saturday after a long battle with cancer. He was 88.
With his four brothers, Dayton took over and reshaped the Dayton Co., which was founded by their grandfather, George Draper Dayton, as Dayton’s department store in Minneapolis.
When the company in 1961 formed the discount chain called Target, Dayton became president. Dayton served as Target’s first president in 1961, and when the company merged with department store chain J.L. Hudson Co in 1969, he became senior VP. After spending several years in the position, Dayton retired in 1974 and founded a venture capital firm that he ran until his retirement in 1994.
The groundwork Dayton laid for the Target helped establish a brand identity and unique value proposition that the retailer to flourish. Eventually, Target stores overtook the company’s conventional department store businesses which were sold to Macy’s and the corporation was renamed Target in 2000.
"Along with his brothers and cousin, Doug was instrumental in helping to guide the strategic direction of Dayton Hudson Corporation for many years and institutionalize the values that are at the heart of Target Corporation today," Target said in a statement.
Price Chopper announces three executive appointments
Schenectady, N.Y. — Price Chopper Supermarkets said it has named Karlin Bohnert as senior VP of information systems/CIO.
Bohnert most recently served as CIO of RGIS in Auburn Hills, Mich. She joins Price Chopper with more 30 years of strategic IT experience gained at such companies as Walmart, Home Depot, ANF, The Limited and MCI.
In other appointments, Scott Evans was named VP of grocery/GM merchandising. He brings to the position 21 years of retail food industry experience with Supervalu/Albertsons, where he held various positions, most recently that of corporate director merchandising for grocery and produce.
Ken Warfield was named director of loss prevention and security. He comes to Price Chopper with several years of loss prevention experience, having worked at Caldor, Home Depot, The Ratner Cos. and, most recently, CVS.