Target names new supply chain chief in turnaround push

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Target names supply chain chief

Highlights

Target appoints England, former QXO and Walmart supply chain executive, as new supply chain chief effective end of May, succeeding Gretchen McCarthy.
Target outlines $6 billion plan to enhance inventory management, store experience, and accelerate same-day delivery across nearly 2,000 U.S. stores.
Target opens first receive center in Houston on April 29 and cuts corporate roles while investors await quarterly results for signs of consumer resilience amid inflation.

Leadership changes support operations overhaul

As reported by Reuters, England will join Target at the end of May from building materials supplier QXO, where he currently serves as chief supply chain officer. He succeeds longtime Target executive Gretchen McCarthy and brings earlier experience from Walmart, where he worked from 2004 to 2022 in several supply chain roles, including senior vice president for supply chain.

His appointment is part of a broader management reshuffle under Fiddelke, who takes over as chief executive in February. Since then, the company also names Cara Sylvester as chief merchandising officer and Lisa Roath as chief operating officer as it builds out a team focused on improving efficiency and restoring momentum.

Inventory and delivery plans face investor scrutiny

Target has already outlined a roughly $6 billion plan to improve inventory management, the in-store experience and delivery times. In March, Fiddelke tells investors the company sees room for greater efficiency in the supply chain as it works to improve in-stock levels and expand same-day delivery from its roughly 2,000 stores across the U.S.

On April 29, the retailer opens its first receive center in Houston, an upstream warehouse designed to hold inventory from vendors across the country and reduce crowding at stores and distribution centers. The company is also directing more investment toward store employees, cutting some corporate roles and lowering prices on about 3,000 products earlier this year.

Target is due to report quarterly results on Wednesday during a busy week for retail earnings, with investors watching closely for signs on consumer spending amid high inflation and supply chain volatility linked to the Iran war.

Our earlier coverage of Home Depot’s first-quarter results highlighted that the retailer beat expectations on revenue and adjusted EPS while maintaining its full-year fiscal 2026 guidance. We noted that core homeowner demand remained relatively resilient even as big-ticket renovation projects were deferred, and that Home Depot is leaning on pro-customer expansion—including the SRS Distribution deal—to strengthen growth in specialty trade markets.

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