Target, Inc.

Fred’s on Wednesday reported its Q4 and FY2015 earnings, as well as the news that board chairman Michael Hayes would be stepping down, to be replaced with longtime director Thomas Tashjian.

Starbucks knows a thing or two about developing business across channels, and on-demand, app-based grocery delivery service Shipt is bringing that expertise in-house.

Birmingham, Alabama-based Shipt has named Joe Manning, former Starbucks director of business and channel development, to lead business development. Shipt is looking to Manning to establish and grow partnerships with grocers and CPG companies as the company expands.

Target Corp.’s partnership with MIT Media Lab and global design firm IDEO is bearing fruit — literally.

Photo: Arthur Valdez

Target Corp.’s partnership with MIT Media Lab and global design firm IDEO is bearing fruit — literally.

In January, Target announced the launch of the Food + Future coLab, a multi-year collaboration with MIT and IDEO to explore the future of food. Although it’s only been a couple of months, Target is already testing two ideas from the coli.

It’s been more than 15 years since they started ringing the death knell for brick-and-mortar retail. And although the Internet shopping base continues to grow, the in-store experience is here to stay. Even the doomsayers have quieted during recent years. There are simply too many things about in-store shopping that the online experience can’t offer.

Target Corp. is expanding the management of its technology organization with two new executive hires.

Tom Kadlec will join Target as senior VP of infrastructure and operations. He will be tasked with leading efforts to modernize and enhance Target’s technology foundation. The company also announced the hiring of Joel Crabb as VP of architecture, with responsibility for enterprise architecture, agile practices and Application Program Interfaces (APIs).

The first MinuteClinic walk-in medical clinics inside Target stores in the Charlotte and Raleigh-Durham areas are now open, CVS Health announced Tuesday.

The first MinuteClinic walk-in medical clinics inside Target stores in the Charlotte and Raleigh-Durham areas are now open, CVS Health announced Tuesday. The Target-based clinics – located in three Charlotte-area stores in Charlotte and Concord and eight stores in The Triangle in Apex, Carey, Durham, Raleigh and Wake Forest – have been rebranded and converted to MinuteClinic.

Mike McNamara, CIO of Target Corp., recently spoke on the role of today’s CIO at the Forbes CIO Summit.

McNamara has been serving as CIO of Target of eight months, having come from international grocery retailer Tesco. He shared insights such as how the rapid adoption of smartphones has been a game-changer for both consumers and corporate IT teams, the ongoing shift underway from legacy software and mainframe systems to cloud and open-source technologies, and the need to build a team of curious, analytical problem-solvers.