Target CEO Pick Cornell’s Outsider Status Seen As Big Asset
date:Aug 04, 2014
h Edward Jones Co. in St. Louis, said in an e-mail.

He has a lot of good experience at other large retailers as well as consumer products, Yarbrough said. He understands the value of brands and how to communicate the brand to consumers. The one weak link could be the lack of omnichannel retail experience but he can always bring in strong people beneath him to fill that role.

Yarbrough recommends buying Targets shares, which rose 0.1 percent to $59.67 at 11:43 a.m. in New York.

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