MINNEAPOLIS — Target’s flexible approach to store size and format is evident from the company’s most recently announced store location, which is scheduled to open in 2018 in Manhattan’s East Village neighborhood. According to Target’s web site, the store will have about 27,000 square feet of selling space, over two levels, and the merchandise on
MINNEAPOLIS — Target Corp. named Preston Mosier senior vice president of fulfillment operations. He will oversee the company’s direct-to-consumer fulfillment centers, as well as the process improvement, customer experience and product management functions related to direct fulfillment. He will report to executive vice president and chief supply chain and logistics officer Arthur Valdez. Mosier brings
WOONSOCKET, R.I. — Rising PBM and specialty pharmacy sales and recently acquired pharmacy businesses lifted revenue at CVS Health Corp. for the second quarter, with adjusted earnings per share topping Wall Street’s consensus forecast. CVS Health said Tuesday that for the second quarter ended June 30, sales climbed 17.6% to $43.73 billion from $37.17 billion
MINNEAPOLIS — Ben Cook has been named senior vice president of global logistics, inventory allocation and replenishment at Target Corp. He will lead the optimization of Target’s inbound and outbound supply chain processes, including carrier transportation and last-mile delivery. He’ll also oversee merchandise planning operations and global logistics. He will report to executive vice president
MINNEAPOLIS — Ben Cook has been named senior vice president of global logistics, inventory allocation and replenishment at Target Corp. He will lead the optimization of Target’s inbound and outbound supply chain processes, including carrier transportation and last-mile delivery. He’ll also oversee merchandise planning operations and global logistics. He will report to executive vice president
MINNEAPOLIS —Target Corp. said Thursday that it has named Don Liu to serve as executive vice president, chief legal officer and general counsel, effective August 22. He will oversee all legal, corporate governance and government affairs matters for the company, reporting to chairman and chief executive officer Brian Cornell and serving as a member of
ORLANDO, Fla. — Target Corp. and Publix Super Markets Inc. were among the companies that responded in the wake of the recent mass shooting at a gay nightclub here. Target donated $250,000 to the OneOrlando Fund in honor of Mercedez Flores and Luis Omar Ocasio-Capo, two Target team members who were among the 49 people
MINNEAPOLIS — A blueprint registry, a men’s style consultancy and two crafts manufacturers are among the companies chosen for Target Corp.’s first-ever start-up accelerator. After getting more than 500 applications from tech-based start-ups around the world, the retailer selected 10 to be embedded at its headquarters for the inaugural Target + Techstars accelerator. “We received
MINNEAPOLIS — Target Corp. has hired Mark Tritton as its chief merchandising officer, a role that gives him oversight of the company’s buying; product design and development; sourcing; and store displays. Tritton succeeds Kathee Tesija, a Target veteran who spent seven years in the top merchandising role. A native of Australia, Tritton most recently served
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
WOONSOCKET, R.I. — CVS Health reported strong sales gains and topped Wall Street’s consensus earnings forecast for the 2016 first quarter. CVS said Tuesday that for the three months ended March 31, overall revenue climbed 18.9% to $43.2 billion from $36.3 billion a year earlier. Sales in the Retail/LTC Segment, which includes CVS Pharmacy drug
MINNEAPOLIS — Target Corp. has begun raising its minimum wage to $10 an hour, according to sources cited by Reuters. The discounter’s management has communicated the $1-per-hour raise to store managers, who have started telling employees about the increase. Most employees who earn less than $10 per hour should see their base pay rise next