Target CEO hires an ex-Safeway colleague to re-invent the store’s grocery business

April 13, 2015 7:39 PM

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Target TGT has turned to a grocery store veteran and former colleague of its chief executive to lead the big changes it is making in its food selection.

The discount retailer, which wants to become a more enticing food destination, said on Monday it had tapped Anne Dament, most recently a senior executive of Pet Smart, to reposition a business that in 2014 generated 21% of sales, but that by the admission of CEO Brian Cornell lacked an assortment th...

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