Target Outlines Bold New Sustainability Strategy

Minneapolis — Target Corporation has unveiled Target Forward, the company’s new sustainability strategy that builds on the retailer’s legacy of corporate responsibility and sustainable practices. “As a company and a member of the global community, it’s imperative for both the…

Target Grows Q1 Comp Sales Nearly 23%

Minneapolis — Target Corporation has released its first quarter 2021 financial results, which reflect robust growth in both sales and profitability. Highlights include: Q1 comp sales grew 22.9%, on top of 10.8% growth last year. Store comp sales increased 18%,…

Target and Ulta Beauty Form Strategic Partnership

Minneapolis and Bolingbrook, Ill. — Target Corporation and Ulta Beauty have formed a strategic, long term partnership to transform the beauty landscape with Ulta Beauty at Target. Ulta Beauty’s shop-in-shop concept will debut at more than 100 Target stores nationwide…

Target Promotes SVP of Operations to EVP & CFO

Minneapolis — Target Corporation has named Michael Fiddelke as executive vice president and chief financial officer, effective November 1, 2019. He will be responsible for financial planning and analysis, financial operations, internal audit, accounting, investor relations, treasury, tax and risk.…

Yum! Brands Appoints Non-Executive Chairman

Louisville, Ky. — Brian C. Cornell, chairman and CEO of Target Corporation, has been appointed by the Yum! Brands board to serve as non-executive chairman of the board. Cornell has served on the Yum! Brands board since 2015. He will…