by Mike Duff | Oct 5, 2022 | Retail Articles
As it works to keep pace with e-commerce leaders, Target Corp. has announced the hire of Prat Vemana as executive vp, chief digital and product officer. He joins Target on October 31 and will report to chief guest experience officer Cara Sylvester. In his new role,...
by Mike Duff | Sep 8, 2022 | Retail Articles
As it noted the retirement of Arthur Valdez, executive vp and chief supply chain and logistics officer, Target Corp. announced that Brian Cornell has committed to remain as CEO for three more years. Gretchen McCarthy, senior vp, global inventory management, will...
by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
After experiencing an inventory glut as the year began, Target decided to quickly address the merchandise excess. Although it believes doing so positioned the company for better margins in the back end of the year, the determination pressured second-quarter...
by Mike Duff | Jun 21, 2022 | Featured News, Retail Articles
Although it lately has been more recognized for smaller urban locations in its store expansion initiatives, Target Corp. hasn’t given up on opportunistic expansion in larger retail developments. Mall operator Macerich has announced it will host a new Target store at...
by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles
As it revised financial guidance, Target Corp. announced it is acting to “right-size” its inventory for the balance of the year and create additional flexibility to focus on serving guests in a rapidly changing environment. Target stated that it intends to...
