Target Names Grocery Chain Veteran to Lead Food Business Revamp

CEO Sees Grocery Business as Key to Reviving Growth

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Target Corp. named Anne Dament, a veteran of grocery chains such as Supervalu Inc., to lead an overhaul of its food business.

Dament also held management positions at Safeway Inc. and was most recently VP of services at PetSmart Inc., Target said in a statement Monday.

Target CEO Brian Cornell sees the grocery and food business as key to reviving growth. It's part of a broader vision for the chain to focus on wellness, which includes offering more organic and gluten-free options. Revamping the food aisles, which won't happen until 2016, will also include adding more items popular with younger consumers, like craft beer and yogurt.

"We have an opportunity to make food more reflective of our brand, elevate the shopping experience and make Target a food destination for our guests," Mr. Cornell said in the statement.

-- Bloomberg News --

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