Friday, October 11, 2019

Executive shift at Target as chief merchant jumps to Bed Bath & Beyond

Target Corp. is losing the executive who overhauled its private-label business.

Mark J. Tritton, who has served as executive VP and chief merchandising officer of Target since 2016, is joining Bed Bath & Beyond as president and CEO effective Nov. 4, 2019 Tritton was instrumental in building Target’s private-label strategy, reviving the company’s existing brands and launching more than 30 new brands in two and a half years. The discounter achieved eight consecutive quarters of same-store sales growth during his tenure. . . . more