SC247    Topics     Supply Chain    News    GT Nexus

Target CEO’s Shake-Up Is Under Way With Logistics Executive Out

The shake-up at Target Corp.’s headquarters being led by Chief Executive Officer Brian Cornell is under way, with at least one top executive already out.


Mike Robbins, senior vice president of global supply chain and logistics, confirmed over the phone that he’s no longer at the company.

He declined to comment further. Robbins joined Target in 2001 and was named to his most recent position in 2012, according to his LinkedIn profile.

Target, the second-largest U.S. discount retailer, said on Tuesday that it would eliminate “several thousand” jobs in the next two years, mostly at its Minneapolis headquarters, where it employs 13,000 people.

Cornell plans to trim expenses by $2 billion to revive a retailer that’s struggled to boost sales.

“It will allow us to be a much more agile, effective organization,” Chief Executive Officer Brian Cornell said at a press conference on Tuesday. “It will make us a more competitive company going forward.”

Cornell, a former PepsiCo Inc. and Wal-Mart Stores Inc. executive, took over at Target in August with the retailer at a crossroads. A hacker attack during the 2013 holidays hurt sales and a move into Canada had faltered, causing billions in losses.

Cornell pulled out of Canada in January and is refocusing Target on key categories of merchandise to win back customers. The Canada unit employed 17,000 people.

Related: Target to Cut Thousands of Jobs, Invest $1 Billion in Supply Chain & Technology

Download the White Paper: The Omnichannel Retail Supply Chain

Article Topics


GT Nexus News & Resources

The Current and Future State of Digital Supply Chain Transformation
Infor Coleman AI Platform to ‘Rethink Supply Chain’ and Maximize Human Work Potential
End-to-End Visibility: Handling the Demands of Retail
Mastering Supply Chain Finance
ERP Suppliers’ Changing Role
New Logistics TMS Platform Sets Sights on SAP
Amazon Selects Infor for Global Logistics Business
More GT Nexus

Latest in Supply Chain

Microsoft Unveils New AI Innovations For Warehouses
Let’s Spend Five Minutes Talking About ... Malaysia
Baltimore Bridge Collapse: Impact on Freight Navigating
TIm Cook Says Apple Plans to Increase Investments in Vietnam
Amazon Logistics’ Growth Shakes Up Shipping Industry in 2023
Spotlight Startup: Cart.com is Reimagining Logistics
Walmart and Swisslog Expand Partnership with New Texas Facility
More Supply Chain
Air
Cloud
Compliance

At GT Nexus, we built a company around a simple but very powerful idea: put a single cloud-based collaboration platform at the center of a huge but enormously inefficient industry - global trade and logistics - and give companies a rapid, low-cost way to enable hundreds of inter-company supply chain processes on a global scale, across entire trading communities, to drive new levels of operational efficiency and business agility. We provide the industry-wide collaboration platform that leaders from nearly every sector rely on to automate trade and logistics operations across their global partner networks. For these companies and their trading partners, GT Nexus is where global trade happens. Today, GT Nexus is the developer and operator of the largest cloud supply chain platform of its kind.



View GT Nexus company profile

 

Featured Downloads

GEP Procurement & Supply Chain Tech Trends Report 2024
GEP Procurement & Supply Chain Tech Trends Report 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and...
Unified Control System - Intelligent Warehouse Orchestration
Unified Control System - Intelligent Warehouse Orchestration
Download this whitepaper to learn Unified Control System (UCS), designed to orchestrate automated and human workflows across the warehouse, enabling automation technologies...

An Inside Look at Dropshipping
An Inside Look at Dropshipping
Korber Supply Chain’s introduction to the world of dropshipping. While dropshipping is not for every retailer or distributor, it does provide...
C3 Solutions Major Trends for Yard and Dock Management in 2024
C3 Solutions Major Trends for Yard and Dock Management in 2024
What trends you should be focusing on in 2024 depends on how far you are on your yard and dock management journey. This...
Packsize on Demand Packing Solution for Furniture and Cabinetry Manufacturers
Packsize on Demand Packing Solution for Furniture and Cabinetry Manufacturers
In this industry guide, we’ll share some of the challenges manufacturers face and how a Right-Sized Packaging On Demand® solution can...