OPERATIONS

Sears financial exec hired by JPMorgan to develop payment services

BY Staff Writer

New York City — JPMorgan said Thursday it has hired Sears Holdings Corp. president of financial services Susan Ehrlich as a senior VP.

Ehrlich will be charged to help create new payments services for customers, retailers and small businesses.

Ehrlich managed Sears’s expansion of payment and credit products over a five-year period for the retailer.

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OPERATIONS

North American Video launches service contract for A&P

BY Staff Writer

Brick, N.J. — North American Video said Thursday that it has begun servicing and maintenance of the video surveillance systems in all retail outlets across The Great Atlantic and Pacific Tea Co.

A total of over 330 stores across seven states are part of the service program; retail banners include A&P, The Food Emporium, Pathmark, SuperFresh, Best Cellars, Waldbaum’s and Food Basics.

For Great Atlantic and Pacific Tea Co., NAV said it has appointed an account manager to be a single point of contact, allocated a team of dedicated service technicians and will carry inventory of critical components to ensure timely response and resolution of all issues.

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