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Target, Inc.

  • Target’s Cornell tasty addition to YUM board

    A little over a year into his tenure as Target’s chairman and CEO, Brian Cornell has added new responsibilities as a member of the board of directors at KFC, Pizza Hut and Taco Bell parent company Yum! Brands.
     
    Cornell’s appointment to the Yum board comes 13 months after he was named to the top job at Target and just three months after Target sold its pharmacy business to CVS Health for $1.9 billion. The latter is noteworthy because two executives with strong ties to CVS Health serve on Yum’s Nominating and Governance Committee.
     

  • Transwestern sells Alabama center for $18.5 million

    Transwestern's Southeast Investment Services Group representedKentucky-based Langley Properties Co. in the disposition of Pelican Place at Craft Farms for$18.5 million.Atlanta-based RCG Ventures acquired the 229,911-sq.-ft. shopping center located inGulf Shores, Alabama.

    Transwestern VPFred Victorrepresented the seller in the transaction. RCG was represented in-house byScott Tarbet, VP of acquisitions.

  • Target vet joins NACDS as director, pharmacy affairs

    ARLINGTON, Va. – The National Association of Chain Drug Stores on Thursday announced the appointment of Jason Ausili as director, pharmacy affairs, effective Sept. 28. Ausili will report to Kathleen Jaeger, SVP pharmacy care and patient advocacy.

  • Tech Bytes: Three Reasons to Partner with a Tech Accelerator

    Target Corp., which has operated a proprietary innovation lab in San Francisco since 2013, is eyeing a more outward-focused approach to innovation. Target is partnering with startup accelerator Techstars to open a new retail accelerator program in its hometown of Minneapolis.

  • Major retailer CEO joins Yum Brands board

    The CEO of one of America’s most prominent discount retail chains has joined the board of directors of quick service restaurant operator Yum Brands. Target CEO Brian J. Cornell, 56, is now a member of the Yum Brands board.

  • Target is looking for a few good startups

    Target Corp. has operated an innovation lab in San Francisco since 2013, but now the retailer is eyeing a more accelerated and outward-focused approach to innovation.

  • The keys to winning the e-commerce (rat) race

    It’s early evening in Chicago circa 2020. A courier company van sits in traffic, toting Target packages ordered from a customer’s phone at noon for delivery by end of the day (called AM/PM delivery). Nearby, a car contains a single mom who drives part-time for Deliv; she’s stressed because she may not make the time window selected by a Macy’s customer earlier that day.  

  • Target faces class-action over breach

    It’s official – Target Corp. will face a class action lawsuit related to its November 2013 data breach.

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