Target CEO Pick Cornell’s Outsider Status Seen As Big Asset
date:Aug 04, 2014
to Wal-Mart Stores Inc. to run its Sams Club warehouse unit.

There he strengthened bonds with suppliers and instituted a digital couponing program that helped results, David Strasser, an analyst Janney Capital Markets in New York, said in a note yesterday. Most importantly, sales rose 15 percent to during his tenure, outpacing the companys overall 11 percent gain.

Although Mr. Cornell was not at Wal-Mart for a long time, during that period, we did get to know him and were impressed with where
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