PRO_1170x120_4-1-19

Brian Cornell

Target shows lower Q2 revenue, profit

Target shows lower Q2 revenue, profit

MINNEAPOLIS — Target Corp. on Wednesday reported adjusted earnings per share of $1.23 in its second quarter, well above analysts’ projections of $1.13, on revenue of nearly $16.2 billion, which was in line with expectations. Profit declined 9.7% from the prior-year period, on revenue that dropped 7.2%. Citing challenges ahead, the company lowered its guidance

Target tabs Mark Tritton as chief merchant

Target tabs Mark Tritton as chief merchant

MINNEAPOLIS — Target Corp. announced on Tuesday that Mark Tritton is joining the company as executive vice president and chief merchandising officer. Tritton will oversee enterprise buying, product design and development, sourcing, visual merchandising strategy, and merchandising transformation and operations, according to the company. Target also announced that Jason Goldberger is assuming the newly created

Retailer of the Year honorees receive awards

Retailer of the Year honorees receive awards

NEW YORK — Racher Press Inc., the publisher of  Mass Market Retailers and Chain Drug Review, presented its 2015 Retailer of the Year awards last evening in New York City. The annual event drew retailer and supplier executives from across the food, drug and mass channel to a ballroom at the new headquarters of Time