June 25, 2015

The woman who put the “T” in Tarjay is stepping down from her role as chief merchandising officer and adding some uncertainty about the retailer’s direction under the leadership of chairman and CEO Brian Cornell. 

June 15, 2015

Target’s annual meeting was pretty much a non-event on June 10, aside from the fact that a corporate structure in which Brian Cornell serves as both chairman and CEO doesn’t sit well with many shareholders. 

June 15, 2015

Target chairman and CEO Brian Cornell commented on the chain’s new partnership with CVS Health in a Q&A on Target’s blog, A Bullseye View. Here are some excerpts: 

June 2, 2015

The architect of the reinvention of Domino's Pizza will become the next CEO of Toys"R"Us in July.

May 13, 2015

Macy’s Chairman and CEO Terry Lundgren offered plenty of reasons why the company’s first quarter sales were worse than expected – but also noted the confluence of factors that caused the disappointing results are largely behind the company. 

April 8, 2015

Rite Aid said higher prescription sales and stronger cost control helped the drugstore chain report a profit surge for the fourth quarter.

 

March 24, 2015

A strengthened omnichannel fulfillment model helped slow the pace of sales declines at Toys “R” Us last year and now the retailer is looking to execute the next phases of transformation strategy to restore profitable growth.

March 3, 2015

Target Chairman and CEO Brian Cornell unveiled a wide-ranging growth strategy that combines familiar concepts with dozens of new initiatives related to merchandising, digital, expense control, process improvement and a major shift in corporate culture designed to drive growth for the next five years.

February 26, 2015

Sears Holdings continues to lose money –- lots of it –- and same store sales declined again during the holidays, but the severity of the company’s losses have diminished, which has Chairman and CEO Edward Lampert believing further improvement is coming as the company transforms to what he calls “a leading integrated membership-focused company.” 

January 20, 2015

If Staples fails to merge with Office Depot, activist investor and major Staples shareholder Starboard Value LP is warning the company’s share price will crater and Chairman and CEO Ron Sargent needs to go.

January 15, 2015

Talk about ripping off the Band-Aid. Target Chairman and CEO Brian Cornell moved swiftly and decisively in deciding to exit Canada, however his actions aren’t without precedent.

January 15, 2015

Just six months after being named chairman and CEO of Target, Brian Cornell is pulling the plug on the retailer’s 133 unit Canadian operation and will incur a $5.4 billion pre-tax loss in the fourth quarter to do so.

January 14, 2015

Staples didn’t have a great year, so Chairman and CEO Ron Sargent won’t accept a $31,000 base pay raise the board of directors had previously approved. 

January 8, 2015

Macy’s announced a series of major operational and merchandising moves to accelerate its omnichannel approach while also releasing solid holiday sales.

January 6, 2015

Leonard Lieberman, former chairman and CEO of Supermarkets General, which owns Pathmark, died at his home in Hoboken, N.J., on Jan. 2, according to an obituary on NJ.com. He was 85. 

December 30, 2014

Former top Sears executive Mark Cohen is at it again with harsh words recently about Sears holiday performance and long term viability. 

December 23, 2014

Guitar Center has chosen Darrell Webb to be the company's new president and CEO. From 2011 to 2013, Webb served as chairman and CEO of the Sports Authority. 

December 22, 2014

Despite reporting a 33% year-over-year decline in profits during the third quarter, Pier 1 Imports CEO Alex Smith said he is confident in the chain’s value proposition going forward in 2015.

December 22, 2014

Target chairman and CEO Brian Cornell, who took the helm earlier this year, is making a string of executive changes to help fuel the retailer's digital transformation and enhance the guest experience. 

December 22, 2014

The Home Depot has named Craig Menear, currently president, U.S. retail, as CEO and president, effective November 1, and has elected him to the company's board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain chairman.

December 18, 2014

Rite Aid is raising its guidance for 2015 after a big jump in same store sales lifted the company in the third quarter.

December 16, 2014

Welcome to the fourth quarter edition of Target Supplier News, your source for fresh perspective and unique insights on the strategies and priorities of this major trading partner.

December 16, 2014

In the third quarter 2014 edition of Target Supplier News, check out what’s on the mind of new Target chairman and CEO Brian Cornell as the retailer heads into the holidays and beyond.

December 15, 2014

In the third quarter 2014 edition of Target Supplier News, check out what’s on the mind of new Target chairman and CEO Brian Cornell as the retailer heads into the holidays and beyond.