Brian Cornell news and trends

Report: White House Meeting With Business Leaders to Discuss Economy
Economy // October 12, 2023

President Joe Biden will reportedly meet with a half dozen business leaders from various industries on Thursday (Oct. 12) to hear their perspectives on the economy and the labor market. Among the those participating in the meeting at the White House is Target CEO Brian Cornell, whose company has been...

As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 
Retail // October 02, 2023

The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M is the most recent victim to grapple with the mounting challenges of widespread retail theft in the United States.  As...

Plaid Launches Tool for Cash Flow Underwriting
Loans // June 15, 2023

To make it easier for lenders to access real-time cash flow data, the FinTech Plaid has introduced a new hosted experience for its flagship product Plaid Link. The fully hosted, on-demand experience allows lenders to access consumer-permissioned cash flow data through Plaid during their underwriting...

Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
Retail // November 16, 2022

The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short of expectations. In speaking to investors about its third-quarter results, Target CEO Brian Cornell said the Minnesota-based retailer was bracing...

Interviews & Exclusives
As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 

October 02, 2023
The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M is the most recent victim to grapple with the mounting challenges of widespread retail theft in the United States.  As per reports, CEO Helena Helmersson announced that the fast fashion brand […]

Quick Reads
Target Seeks New Marketing Chief in Leadership Shakeup

June 25, 2024
Target is seeking a new head of marketing amid a spate of leadership changes. The retail giant’s current chief marketing officer, Lisa Roath, has been named Target’s new chief merchandising officer for food, essentials and beauty, scheduled to take on that role early next year, the company announced Tuesday (June 25). She will remain as […]

Report: White House Meeting With Business Leaders to Discuss Economy

October 12, 2023
President Joe Biden will reportedly meet with a half dozen business leaders from various industries on Thursday (Oct. 12) to hear their perspectives on the economy and the labor market. Among the...

Plaid Launches Tool for Cash Flow Underwriting

June 15, 2023
To make it easier for lenders to access real-time cash flow data, the FinTech Plaid has introduced a new hosted experience for its flagship product Plaid Link. The fully hosted,...

Digital Posts Double Digits in Target’s 3Q, But Holiday Forecast Hits Shares

November 16, 2017
Target's results showed same store sales growth, top and bottom lines that edged analyst estimates and growth in digital sales that showed strong momentum.  But fourth quarter guidance seemed conservative...