Franchise News

Target CEO Brian Cornell To Address ‘Unacceptable’ Empty Store Shelves Problems

Sep 04, 2015 12:08 PM EDT | By Michael Smith

Target Corp. Chief Executive Officer Brian Cornell is set to resolve problems keeping store shelves stocked with merchandise, which he describes as "unacceptable." 

Cornell and other officials have recognized issues involving the company's supply chain network and the delivery of goods. 

"We've been asking our supply chain to move well beyond its original design and become more flexible in the way we serve our guests," he told analysts recently., according to MPR News.

"However, while we understand the reasons, the simple fact is that our current performance is unacceptable."

Last month, Cornell appointed former finance chief John Mulligan as the company's new chief operating officer.

Mulligan is now in charge of managing stores, properties and supply chains for the corporation along with maintaining day-to-day operations for store locations across the country. The new COO has been replaced as chief financial officer by former CFO of pharmacy-benefits manager Cathy Smith. 

Mulligan oversees Target's expanding efforts to boost its online market presence. 

Target's new senior vice president Anne Dament is expected to revamp the retail company's merchandise with food and essentials division, the Associated Press reports, mentioning that the role has remained vacant since late 2014. 

Dament, who has worked in the grocery and consumer product field for over 20 years, left her position with PetSmart, where she served as vice president of services. 

"Our guests tell us they expect Target to inspire them with differentiated food offerings like we do in other areas," said Target Chief Executive Officer Brian Cornell, according to the site

"We have an opportunity to make food more reflective of our brand, elevate the shopping experience and make Target a food destination for our guests."

Target was founded in 1902 and is headquartered in Minneapolis, Minnesota.

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