John Mulligan

Target Debuts New Larger-Format Store

by Katie Lee November 10, 2022

Minneapolis — Target Corporation has revealed the next evolution of its new store strategy and store design. The new store design and larger store format recently debuted in a new location outside Houston. The new larger-format stores optimize additional space and new design elements and, at nearly 150,000 square feet, the locations are more than 20,000 square feet larger than the chain average. While the retailer will continue to open stores of all sizes, it will focus on this larger footprint in the next few years. Starting in 2023, more …

November 10, 2022

News people retailers

Target Announces Leadership Updates

by Katie Lee September 7, 2022

Minneapolis — Target Corporation has announced that Brian Cornell has committed to remain as CEO and lead the company for approximately 3 more years. Additionally, Arthur Valdez, executive vice president and chief supply chain and logistics officer, will retire from Target. He will be succeeded by Gretchen McCarthy, senior vice president, global inventory management, effective immediately. “In discussions about the company’s longer term plans, it was important to us as a board to assure our stakeholders that Brian intends to stay in his role beyond the traditional retirement age of …

September 7, 2022

News people retailers

Target Updates Leadership Team

by Katie Lee May 5, 2022

Minneapolis — Target Corporation has made a number of updates to its leadership team, including the creation of a brand new role for Target: executive vice president and chief guest experience officer. “Guided by our purpose of helping all families discover the joy of everyday life and fueled by the most talented, committed team in retail, Target has experienced tremendous growth over the past 2 years,” says Brian Cornell, chairman and CEO, Target. “The updates we’re making to our leadership team reflect the size and scale of our more than …

May 5, 2022

News retailers

Target to Acquire Same-Day Delivery Platform Shipt, Inc.

by Katie Lee December 13, 2017

Minneapolis — Target Corp. has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for $550 million in cash. Target will leverage its network of stores and Shipt’s proprietary technology platform and community of shoppers to quickly and efficiently bring same-day delivery to guests across the country. The acquisition significantly accelerates Target’s digital fulfillment efforts, bringing same-day delivery services to guests at approximately half of Target stores by early 2018. The service will be offered from the majority of Target stores, and in all major markets, before the …

December 13, 2017

News retailers

Target To Open 70 Small-Format Stores in 2017

by Katie Lee February 28, 2017

Minneapolis — At a financial community meeting on February 28, 2017, Target CEO Brian Cornell, COO John Mulligan and CFO Cathy Smith shared an overview of Target’s plans for the future.

February 28, 2017

News people retailers

Target Names EVP, Chief Supply Chain & Logistics Officer

by Katie Lee March 4, 2016

Minneapolis — Target Corporation has hired Arthur Valdez as executive vice president, chief supply chain and logistics officer. Valdez will lead Target’s supply chain transformation including planning, distribution and transportation. He will report to Target’s executive vice president and chief operating officer, John Mulligan.

March 4, 2016

News people retailers

Target Corporation Names Chief Stores Officer

by Katie Lee January 4, 2016

Minneapolis — Target Corporation has promoted Janna Potts to executive vice president, chief stores officer. Potts will be responsible for the leadership of Target’s 1,805 stores across the United States. Potts will replace Tina Tyler and will assume the position effective immediately. She will serve as a member of Target’s leadership team and will report to Target’s chief operating officer, John Mulligan.

January 4, 2016

News people

Target’s VP of Property Development To Retire

by Nate Hunter May 20, 2014

Minneapolis — John Griffith joined Target in 1999 and played an instrumental role in growing Target’s store count from 912 stores to more than 1,900 stores today.

May 20, 2014