MINNEAPOLIS — Target Corp. has hired Amazon.com Inc. executive Arthur Valdez to serve as executive vice president, chief supply chain and logistics officer. He will lead Target’s supply chain transformation including planning, distribution and transportation. Valdez, who will join the company on March 28, will report to Target executive vice president and chief operating officer
Walmart has begun closing stores, as the retailer had previously announced. Most of the closings involve the Express stores the company began opening over the past two years in the belief that it could more successfully compete with the likes of such small-store retailers as drug and dollar stores with convenience-oriented stores than the big
MINNEAPOLIS — Target Corp. on Friday promoted Stephanie Lundquist to executive vice president and chief human resources officer. In this post she heads the human resources strategy affecting the company’s 347,000 employees. She reports to Target chairman and chief executive officer Brian Cornell. “Stephanie has played a critical leadership role in Target’s transformation efforts, developing
HALIFAX, Nova Scotia — SweetSpot Labs is adding a collection of natural, pH balanced washes and on-the-go wipes to the feminine hygiene aisle at Target Corp.’s stores and website. The company notes that the clinically tested and gynecologist-recommended collection is priced between $2.99 and $11.99. The products are SweetSpot Labs Gentle Washes, SweetSpot Labs On-the-Go
WESLEY CHAPEL, N.C. — The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C. Executives from CVS Health and Target Corp. plan to participate a grand
Two recent business stories that received a fair amount of attention in mainstream media channels raise some interesting questions about the trajectory of retailing in America. The National Retail Federation reported in the middle of last month that holiday sales increased just 3% to $626 billion. The lackluster performance fell well short of the association’s
SIMI VALLEY, Calif. — Target Corp. has expanded its stores’ natural skin care lineup with the addition of derma e hydrating and firming products, according to the supplier. “We are excited to partner with Target and connect with its guests who are passionate about high-quality health and wellness products,” says Jeff Carducci, the company’s vice
MINNEAPOLIS – Janna Potts has been promoted to executive vice president and chief stores officer at Target Corp. Target said that Potts, previously senior vice president of human resources focused on stores and distribution, takes over the post effective immediate and replaces Tina Tyler. In the role, Potts will oversee Target’s 1,805 stores nationwide as
WOONSOCKET, R.I. – CVS Health has completed its $1.9 billion acquisition of Target Corp.’s pharmacy and retail health clinic business. CVS Health has completed its $1.9 billion acquisition of Target Corp.’s pharmacy and retail health clinic business. The companies said Wednesday that Target’s 1,672 pharmacies in 47 states will be branded as CVS/pharmacy and operated
The reshuffling of the retail landscape is proceeding, indeed accelerating, at a pace undreamed of as recently as five years ago. This is not a reordering of companies or priorities or strategies. It is a reordering of people. Most recently, Michael Francis, the legendary retail marketer, has signed on at Walmart, as the world’s largest
Target still has the knack for bringing excitement to the shopping experience. The company that carved out a distinct identity among mass market retailers as the upscale discounter, with a unique ability to get out ahead of trends, is reimagining holiday shopping at a pop-up store in New York City. Billed by the company as
George Riedl, once Walgreen’s head merchant, has signed on with Walmart to run that retailer’s health care services. Thus, 2015, from a personnel standpoint, ends as it began, with jobs and career changes once deemed unthinkable. George Riedl, once Walgreens’ head merchant, has signed on with Walmart to run that retailer’s health care services. Thus,