FINANCE

Report: Raley’s offers to buy out 100 employees

BY CSA STAFF

West Sacramento, Calif. Supermarket chain Raley’s announced that it will buy out 100 union and non-union employees, according to The Sacramento Bee.

The chain recently offered buyouts to approximately 3,000 store clerks, but it will honor the option to the first 100 employees who respond. According to the severance agreement, the chain will offer 75%, or nine months worth, of the employee’s 2008 earnings in a lump sum.

Raley’s, which currently employs 15,000 associates, expects the buyouts to create positions for the many workers who were let go following the 2008 holiday season. The seasonal layoffs are a common practice for the retailer.

Besides getting interest from employees, the article reported that Workers Local 8-Golden State union in Roseville, Calif., is bullish on the program, too, and reported that the buyouts seems to be an effort “to eliminate or reduce any layoffs,” according to an e-mail from the organization.

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Target expands electronics, video game department

BY CSA STAFF

Minneapolis Target is reinventing the consumer electronics and video game department across stores nationwide, with a new open layout. The full-chain rollout began in April, and the majority of Target stores will have the new electronics layout completed by June.

As part of the transformation, the video game section is being expanded by 30% revealing a large, open, guest-friendly format that will include new product-accessible fixtures organized by platform and game genres. In addition, a majority of stores will be further enhanced with video game learning centers and trial stations.

“Target is committed to creating an intuitive and easy shopping experience for our guests,” said Mark Schindele, senior VP Target. “The electronics and video game reinvention was designed with the wants and needs of our guests as our top priority. They’ve asked for additional product diversity and better access to games and information, and our new layout offers them just that.”

In addition to an expanded video game footprint, Target is making improvements and additions in the TV, camera and camcorder sections of the electronics department that will add to and enhance its current product offerings while making the selection process even easier.

An improved TV wall will offer a more realistic in-home presentation and a better way for guests to compare picture quality across brands, the company said. Clear signage highlighting product features is being integrated within the overall display, and key accessories can be found at the base of the TV wall so that guests can easily find everything they need to enjoy their new purchase.

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Target improves checkout experience for visually impaired

BY CSA STAFF

Minneapolis, Minn. Target has teamed up with The American Foundation for the Blind, American Council of the Blind and California Council of the Blind to improve the checkout experience of guests with visual impairments and ensure their privacy.

Target announced that it will add tactile keypads to point of sale devices at all Target stores. This improvement allows shoppers who have visual impairments or difficulty reading information on a touch screen to privately and independently enter their personal identification number (PIN), protecting their financial privacy.

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