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Cornell occasionally visits Target stores and asks guests about their shopping experiences. [1] As CEO, Cornell has been featured by news outlets such as CNN, which described him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s. [9] In 2019, Cornell was named CNN's "Business CEO of the Year". [10]
Target Corporation is an American retail corporation that operates a chain of discount ... Brian Cornell serves as board chairman and CEO of Target Corporation.
His tenure as CEO of Target also included a disastrous expansion of Target into Canada in which the company lost $2 billion in two years. On top of the cost burden from buying out 220 leases of discount retailer chain Zellers , the expansion was plagued by flawed execution, including inventory and restocking problems, poor locations and higher ...
In September 2022, Target scrapped its CEO retirement age of 65. Cornell signed on for three more years, making 2025 the year when a successor could be announced.
Target CEO Brian Cornell in New York in 2016. There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday.
Target announced Wednesday that Brian Cornell will remain CEO for approximately three more years after the company's board voted to eliminate a retirement policy that could have forced his exit.
In January 2000, Dayton-Hudson Corporation changed its name to Target Corporation and its ticker symbol to TGT; by then, between 75 percent and 80 percent of the corporation's total sales and earnings came from Target Stores, while the other four chains—Dayton's, Hudson's, Marshall Field's, and Mervyn's—were used to fuel the growth of the ...
Target is trying to thread the needle as it combats retail's long-running problem: store theft."I feel so much better today than I did a year ago," Target CEO Brian Cornell said in an interview ...