goal It has appointed a new logistics head as it works to revive sagging sales.
Jeff Englandwho has 20 years of experience in the supply chain/logistics sector, will take over as Target’s executive vice president and CEO of global supply chain and logistics at the end of the month, for the retailer. Announce In a press release on Tuesday (May 19).
“Guests come to Target for great style, design and value – and they are confident that we will be in stock and ready for them every time they shop,” Target CEO Michael Fidelke he said in the release.
“Elevating the guest experience is one of our top priorities, and Jeff’s deep experience in operations, engineering, technology and automation, coupled with a proven track record of leading operations of various sizes and complexities, is exactly what will be needed to enhance how we deliver to our guests.”
England comes to Target from a building materials distributor QXOWhere he served as CEO of Supply Chain. He held the same position at an automotive/industrial parts distributor Original spare parts company He spent nearly two decades in a range of operations, strategic and financial leadership roles at Walmart.
“It is an honor to join Target and be part of such an iconic brand,” England said. “I am confident in the company’s growth plan and priorities, and I am excited to get started with the team, and build on its strong foundation to further enhance the agility, reliability and accuracy of the supply chain.”
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England will replace Target’s head of supply chain and logistics Gretchen McCarthyThe statement added that he will move to the position of strategic advisor until August.
Fidelke, a veteran of the target field, Become CEO In February, he assumed that role after a year in which Target’s shares fell 28% while the S&P 500 rose 16%.
During a town hall meeting a few days after his appointment, Fedelke said the company would invest in it In-store experiencesMaking its products easier to find online, developing a distinctive assortment and experience, and focusing on more merchandise for busy families.
During an earnings call in March — following the company’s 13th straight quarter of declining sales — the retailer reported that gross margin had expanded to 26.6% from 26.2%, reflecting lower inventory shrinkage and Supply chain improvements.
