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(credit: CBS)

Target Taps Outsider As CEO For Needed Shakeup

Target has hired Pepsi executive Brian Cornell as its new chairman and CEO as it looks to recover from a huge data breach and troubles in Canada. Cornell replaces interim CEO John Mulligan, who is chief financial officer for the Minneapolis company. Mulligan stepped into the interim CEO post in May when Target Corp.’s Gregg Steinhafel resigned following a large data breach in the runup to Christmas.

07/31/2014

(credit: Jupiter Images)

Supervalu Shares Slump Over Clouded Future

The future of supermarket chain Supervalu is becoming cloudier.

07/12/2012

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