MINNEAPOLIS — Target Corp. has agreed to acquire the same-day delivery company Shipt Inc. for $550 million in cash. Target said Wednesday that it will use Shipt’s proprietary technology platform and community of shoppers, along with its store network, to quickly and efficiently bring same-day delivery to consumers nationwide. Plans call for Target to offer
MINNEAPOLIS — Target Corp. has hired Amazon.com Inc. executive Arthur Valdez to serve as executive vice president, chief supply chain and logistics officer. The discount store chain said Monday that Valdez, who spent the last 16 years with Amazon, will lead Target’s supply chain transformation, including planning, distribution and transportation. Plans call for Valdez to
WESLEY CHAPEL, N.C. — CVS Health has debuted its first rebranded pharmacies inside Target Corp. stores. The pharmacies, in six stores in North Carolina, are being operated through a store-within-a-store format under the CVS/pharmacy banner. CVS, which completed its $1.9 billion purchase of Target’s 1,672 pharmacies and 79 clinics in December, will rebrand the prescription
WOONSOCKET, R.I., and MINNEAPOLIS — The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C. Executives from CVS Health and Target Corp. — including CVS Pharmacy
MINNEAPOLIS — Janna Potts has been promoted to executive vice president and chief stores officer at Target Corp. Target said Monday that Potts, previously senior vice president of human resources focused on stores and distribution, takes over the post effective immediate and replaces Tina Tyler. In the role, Potts will oversee Target’s 1,805 stores nationwide as
MINNEAPOLIS — Target Corp. has promoted John Mulligan, the company’s chief financial officer, to the newly created role of executive vice president and chief operating officer. Succeeding Mulligan as executive vice president and CFO is Cathy Smith, who previously worked as executive vice president and CFO at Express Scripts, the nation’s largest pharmacy benefit manager.
MINNEAPOLIS – Target Corp. announced that is promoting John Mulligan, the company’s chief financial officer, to the newly created role of executive vice president and chief operating officer, effective September 1. Mulligan will assume oversight of stores, supply chain and properties. Succeeding Mulligan as executive vice president and CFO will be Cathy Smith, who previously