Target Hires Executive for New Operations Role -- Update
September 24 2015 - 1:09PM
Dow Jones News
By Chelsey Dulaney
Target Corp. on Thursday said it has hired Anu Gupta for a newly
created role of senior vice president of operational excellence,
the latest addition to the retailer's remodeled executive team.
Ms. Gupta, who will report to newly appointed operations chief
John Mulligan, will lead efforts to simplify processes at Target
starting Oct. 12.
Ms. Gupta was most recently an operating executive at
private-equity firm Hellman & Friedman and has held operational
leadership roles at Michaels Stores Inc. and Safeway Inc.
Target has recently made a number of appointments to its
executive team under Chief Executive Brian Cornell, who recently
wrapped up his first year in the job. In August, Mr. Mulligan,
previously finance chief, was promoted to chief operating
officer.
Mr. Cornell has focused the company on just five key categories,
including baby, children and wellness products, and has also placed
a greater emphasis on fixing Target's lagging digital business.
Meanwhile, Target has said it plans to invest $1 billion into
its supply-chain and technology infrastructure this year.
Target and others in the industry are facing broad challenges as
they must still must perform basic tasks, such as making sure
shelves are stocked and stores are staffed, while also managing the
shift to a more complex supply chain, as online shopping has
retailers scrambling to fulfill orders in different ways.
Target's shift to smaller, more urban stores also requires the
retailer to rethink a supply chain that has long relied on shipping
mass quantities of goods to large suburban locations.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 24, 2015 12:54 ET (16:54 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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