While acknowledging that Target faced a series of setbacks in 2013 — including a data breach just before the holiday season — CFO John Mulligan, who is also serving as interim president and CEO, expressed optimism during its annual meeting of shareholders and said the company has the resources, talent and plan in place to move beyond its challenges.
Harris Teeter on Monday announced its Plaza Midwood location in Charlotte, N.C., is now officially recognized as a LEED-certified project by the U.S. Green Building Council and verified by the Green Building Certification Institute.
Joel Anderson, president and chief executive officer of Walmart.com, has departed the online giant to assume the role of president at Five Below, a retailer that targets pre-teens and teens with trendy, extreme-value merchandise, according to a Five Below press release issued Tuesday morning.
Walmart chairman Rob Walton encouraged employees to “go for it,” and president and CEO Doug McMillon said the company would accelerate the pace of change during the company’s annual shareholders’ meeting June 6 in Fayetteville, Ark.
Wal-Mart Stores chairman Rob Walton, 69, announced the appointment of Greg Penner, 44, as vice chairman at the company's shareholders' meeting Friday morning, a move that positions Penner, Walton 's son-in-law, as his successor.