Target Names Brian Cornell CEO

Brian Cornell

Cornell’s resume includes PepsiCo, Sam’s Club, Michaels Stores and Safeway.

In Other News: Seven Retailers Searching for CEOs

HSN's Mindy Grossman is being courted by retailers.

American Apparel, American Eagle Outfitters, Bon-Ton, Dollar General, Gordmans, JCPenney and Target are all in various stages of CEO searches.

Target Names Maiorino to Information Security Post

Brad Maiorino

Target Corp. has hired Brad Maiorino as SVP and chief information security officer.

Target’s Internal Problems

Target CMO Jeff Jones

An anonymous letter from a disgruntled Target employee is just the latest to be posted by the gossip blog Gawker, but this one got a public reply from Target CMO Jeff Jones.

Target CEO Steinhafel Resigns

Gregg Steinhafel

Target chairman, president and CEO Gregg Steinhafel has resigned, effective immediately, ending a 35-year career with the retailer.

Target Names Data Security Expert DeRodes as CIO

Bob DeRodes

Bob DeRodes, an IT expert who’s worked for CitiBank and Delta Airlines and advised the U.S. government on data security, is Target’s new CIO.

Target to Fast-Track Credit Card Tech Updates

Target

Target says it will be fast-tracking plans to update its store credit cards with smart-chip technology for greater security.

40 Million Target Shoppers’ Data at Risk in Security Breach

Target

Target says as many as 40 million in-store customers may have had their credit and debit card information compromised after a security breach in the retailer’s payment card systems between November 27 and December 15.

Wal-Mart Wins Race for Earliest Thanksgiving Opening

Walmart

Just as Target joins the crowd of major retailers to announce 8pm opening times on Thanksgiving, Wal-Mart says its stores will open two hours earlier—at 6pm.

Obituary: Target founder Douglas Dayton

Douglas Dayton

Douglas Dayton, who founded the retail giant Target as a division of the Minneapolis-based department store chain Dayton’s in 1960, has died at 88.