MINNEAPOLIS, May 14, 2018 /PRNewswire/ -- Today, Target
Corporation (NYSE: TGT) named William J.
Foudy, Jr. as president, Target Sourcing Services. Foudy
will oversee Target's global sourcing organization, including
strategy, operations, quality assurance, product safety and
responsible sourcing initiatives. He will report to Target's
executive vice president and chief merchandising officer,
Mark Tritton.
Target Sourcing Services has 14 offices around the world, which
facilitate production in 34 countries. Target is the second largest
U.S. importer.
"Target's global sourcing operations are a key strength of ours
and integral to our ability to deliver a differentiated assortment
at an unmatched value in the market," said Tritton. "The broad
scope of Bill's retail experience, including his tenure working
with global brands, will accelerate our efforts as we continue to
reimagine our owned brand portfolio, offering guests even more
unique products for an incredible price that they can find only at
Target."
Foudy brings to Target more than 25 years of experience in the
sourcing industry and has led international teams for brands such
as Adidas and Nike. Most recently, he comes from Walmart, where he
was vice president of global sourcing, based in Hong Kong.
"Target has always excelled at creating consumer excitement with
quality, exclusive merchandise," said Foudy. "I'm thrilled to join
and lead the world class sourcing team that contributes to Target's
growth, industry leadership and guest experience."
Foudy will join Target June
17th.
About Target Corporation
Minneapolis-based Target
Corporation (NYSE: TGT) serves guests at 1,829 stores and at
Target.com. Since 1946, Target has given 5 percent of its profit to
communities, which today equals millions of dollars a week. For
more information, visit Target.com/Pressroom. For a
behind-the-scenes look at Target, visit Target.com/abullseyeview or
follow @TargetNews on Twitter.
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SOURCE Target Corporation