Pep Boys, Tampa, Fla.
It’s not your father’s Pep Boys…not by a long shot. The auto parts and service retailer is testing a new store concept, in Tampa, Fla., designed to extend its appeal beyond its core DIY-car enthusiasts audience to “do-it-for-me” drivers, which include many female customers.
The updated environment, by EWI Worldwide, Detroit, plays to the 92-year-old brand’s rich heritage. It has a handsome, modern look, with clean lines, impactful signage and good sightlines. The overall feel is warm and inviting — and adds up to a welcoming brand experience for both traditional and new customers alike.
Target co-founder Douglas Dayton dies
Department store executive and Target co-founder Douglas Dayton died Saturday of cancer at 88.
Dayton was the inspiration for the first Target stores and oversaw the development and early growth of the concept of an upscale discount store. Dayton served as Target’s first president in 1961 and a year later he opened the first Target stores in the Twin Cities communities of Roseville, Crystal, St. Louis Park and Knollwood.
"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.
After eight years of leading the Target business, Dayton returned to the corporate headquarters when his family owned department business merged with the J.L. Hudson Company in 1969 to become Dayton Hudson. After spending several years as a senior vice president, 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.
Dayton was the youngest of five brothers who joined his father’s department store business after being wounded in combat during World War II. Dayton is survived by his wife Wendy, his four children and six grandchildren.
NRF responds to retail jobs being on the up-and-up
WASHINGTON — The National Retail Federation’s president and CEO Matthew Shay and chief economist Jack Kleinhenz have issued a statement concerning June’s employment numbers, released by the Department of Labor.
The Bureau of Labor Statistics report showed that the economy added 195,000 jobs in June — including 37,000 in the retail trade — and unemployment remained unchanged at 7.6%. NRF pegged retail industry job gains at 28,000, with marked increases in every sector except furniture and home furnishings and health and personal care stores.
“While the nation’s employment numbers are a positive sign that the economy is recovering, albeit slowly, the high unemployment rate — with 12 million jobless Americans — remains an eyesore,” Shay said. “The private sector economy is humming along as employers and businesses hire more workers but much uncertainty remains, especially in regard to health care reform implementation and fiscal and tax policy.”
“Today’s strong jobs report is welcomed news for the economy and may signal positive and accelerated momentum for the second half of 2013,” Kleinhenz added. “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.”