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Expert Analysis: Target’s new next-day delivery program faces some challenges
Greg Portell, lead partner in the retail practice of global strategy and management consultant A.T. Kearney, discusses Target’s plan to test next-day delivery of online orders of household essentials. The new service, called Target Restock, is open to shoppers of the chain’s REDcard loyalty program. What influenced Target’s decision to launch the program? -
Big shakeup at Whole Foods Market
There’s been a reorganization at Whole Foods Market. On Wednesday, the natural-foods retailer named a new chairwoman and five new independent directors, effective immediately. It also appointed a former Kohl’s executive as CFO. The changes come as activist investors and restless shareholders have been demanding Whole Foods accelerate the turnaround its business. The board shakeup came on the same day as the retailer released second quarter earnings that met analysts’ expectations.


