TGT - How Target's Innovative Strategy Resolves A Multi-Billion Dollar Inventory Crisis: Report | Benzinga
Target Corp (NYSE:TGT) Chief Supply-Chain and Logistics Officer Gretchen McCarthy played a pivotal role in addressing a significant inventory challenge during the peak of the COVID-19 pandemic.
McCarthy’s strategic shifts helped Target navigate through a period marked by excess stock and shifting consumer behaviors.
At the forefront of retail adaptation, McCarthy utilized Target’s retail spaces innovatively, transforming them into effective distribution hubs to enhance the company’s online fulfillment capabilities.
This approach was integral in managing an overstock of consumer goods that had accumulated due to the pandemic, reported the Wall Street Journal.
Under McCarthy’s leadership, Target successfully reduced its ...