Target Hires New Executive to Help Fix Fundamentals

Knuckling down on fundamentals, Target Corp. has hired Anu Gupta, a retail industry veteran, to the new position of senior vice president of operational excellence. Gupta, whose hiring was announced Thursday, will help the Minneapolis-based retailer as it works to improve its operations, such as keeping shelves stocked and simplifying its processes. Company executives have been more upfront lately about how online shopping and in-store pickup have strained its outdated supply chain.