A group of activist investors have issued a letter to Target shareholders urging them to vote against the reelection of executive chair — and former company CEO — Brian Cornell at the company’s annual meeting on June 10.
Target Corp. is undertaking its most ambitious store remodeling campaign in more than a decade, updating 130-plus locations this year, along with opening 30 new stores and making critical supply chain technology upgrades.
Walmart has the largest grocery share in the U.S., but another retailer ranks first when it comes to how frequently it is cited inside AI-generated answers.
