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As an internal memo led to widespread media reports about Target laying off 1,000 corporate staffers and eliminating 800 unfilled positions, the company has initiated a corporate restructure that has generated rumors of significant executive departures, including in merchandising.

GC Buying Group announced the retirement of its founder and president, Janis Johnson, who has sold the 44-year-old buying organization for independent housewares retailers to gourmet retailing veteran Doug Huemoeller.

A new coalition called We Pay the Tariffs is filing an amicus brief on behalf of small businesses in the tariff case set to go before the U.S. Supreme Court next month.