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JCP to open new format store

JCPenney has announced that it will open a new store in southeast Florida that will have wider aisles, improved lighting and larger signage, as well as more focus on its dominant assortments in key areas, including towels and window treatments. Other features will include a full-service catalog desk, gift registry and customer decorating services. The company is investing $100 million to build 14 new stores this year with these new features, and the new store in Wellington, FL, will open Oct. 5.

Kmart strengthens operational focus

Kmart's thrust to bring its systems up to "world class" has brought yet another former Wal-Mart exec into the fold and spurred two additional promotions. The retailer has hired David Montoya as executive vp, store operations.

Montoya's background includes 20 years of domestic and international retailing experience with Wal-Mart, Big V Supermarkets, Hechinger's/Builder's Square, and HEB Grocery Company.

He reports to president and coo Mark Schwartz, who prior to holding the post of president and ceo at Big V, spent 16 years at Wal-Mart.

Kmart also appointed two new senior vps, both reporting to Montoya. Gregg Treadway joins Kmart as senior vp, Midwest Division, from Dollar General. His experience includes positions at AutoZone, Inc. and Wal-Mart Stores.

Lee Viliborghi becomes senior vp, Northwest Division. A 30-year Kmart veteran, Viliborghi was most recently the regional vp in the Denver Region.

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