The Traderszone Network

Published in TZ Latest News 19 August, 2015 by The TZ Newswire Staff

New Target COO’s headache: Too few goods to keep shelves filled

Two days after being promoted to the new position of Target Corp’s (TGT.N) Chief Operating Officer, John Mulligan’s big job is clear: fix a supply chain that the company blamed for shortages of goods that are undermining sales growth. On Wednesday, the fourth-largest U.S. retailer blamed its “incredibly complex supply chain” for unacceptable stock levels at its stores this year, forecasting weak growth in current quarter sales at established stores.

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