Fourth-quarter results signal gains ahead for Target, despite lower-than-expected sales for the period, Target Chairman and CEO Brian Cornell told participants in the company’s annual investment community event. Net earnings for the 14-week fourth quarter were $1.38...
In an executive suite shakeup, Target Corp. announced that Michael Fiddelke is shifting from the CFO to the COO role and that the company is making changes in its merchandising and legal leadership. Target, in what it characterized as recognition of the size, scale...
Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously. Net earnings for...
In what will result in a significant executive shift, Target Corp. has announced the retirements of John Mulligan, executive vp and COO, and Laysha Ward, executive vp and chief external engagement officer. Target also announced that Matt Zabel has been named chief...
Target Corp. managed to significantly boost earnings in the second quarter when the company experienced a more severe slowdown in sales than anticipated. In a conference call, Target chair and CEO Brian Cornell said the company has been adjusting to changing market...
