by Mike Duff | Feb 28, 2023 | Retail Articles
Although it produced mixed results, Target still did better in the fourth quarter than Wall Street expected. For the fourth quarter, Target recorded net earnings of $876 million, or $1.89 per diluted share, the company noted, versus $1.54 billion, or $3.21 per diluted...
by Mike Duff | Dec 12, 2022 | Retail Articles
The National Retail Federation announced Lowe’s Chairman and CEO Marvin Ellison will receive The Visionary award as part of the eighth annual NRF Foundation Honors on January 15, 2023, in New York. Presented annually to an outstanding retail industry leader, The...
by Mike Duff | Nov 16, 2022 | Featured News, Retail Articles
Target experienced declining discretionary product purchasing in the third quarter, which hit earnings as customers shopped for everyday needs while shifting to bargain hunting for other goods. The company posted net earnings of $712 million, or $1.54 per diluted...
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...
