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Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota.It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
Robert J. Ulrich (born 1944) is an American retired businessman who was the chief executive officer and chairman of the Target Corporation, the second-largest mass merchandise retailer in the United States. Ulrich is credited with crafting Target's unique brand and marketing image and focus, which is widely considered to be a key contributor to ...
Target Corporation's (TGT) strong performance in the second quarter reinforced the company's leadership in the retail space, according to its chairman and CEO, Brian Cornell.
During his tenure, Cornell shut down the loss-incurring Target Canada. [1] Cornell occasionally visits Target stores and asks guests about their shopping experiences. [1] As CEO, Cornell has been featured by news outlets such as CNN, which described him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s. [9]
Steinhafel received a severance package of $61 million and agreed to "remain employed by Target in an advisory capacity to assist with the transition through no later than August 23, 2014." [ 10 ] Steinhafel is a Director, Member of Nominating and Governance Committee and Member of Compensation & Human Resources Committee for The Toro Company .
For example: "Ten years on, almost half of the visionary companies on the list have slipped dramatically in performance and reputation, and their vision currently seems more blurred than clairvoyant. Consider the fates of Motorola, Ford, Sony, Walt Disney, Boeing, Nordstrom, and Merck.
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As well, on July 21, 2004, Target Corporation announced the $1.65 billion sale of Mervyn's [46] to an investment consortium including Sun Capital Partners, Cerberus Capital Management, and Lubert-Adler/Klaff and Partners, L.P., which was finalized September 2. Target Stores expanded to 1,308 units and reached US$46.8 billion in sales.