Target announced late Wednesday that Mark Tritton executive vice president and chief merchandising officer for Target and a member of its executive leadership team resigned. The retailer does not plan to conduct an external search for a new chief merchant. Taking over his role at Target on an interim basis will be Christina Hennington and Jill Sando, who both currently serve as senior vice presidents and general merchandising managers. The pair will report directly to Target Chairman and CEO Brian Cornell.
“Mark brought a tremendous amount of energy to his role as our chief merchant. His focus on developing the next generation of leadership, establishing a comprehensive merchandising strategy and re-energizing our owned-brand portfolio are among his most meaningful contributions. Along with the entire Target team, I wish him the best,” Cornell said in a statement.
Tritton left Target to become president and CEO of Bed Bath & Beyond Inc. A move that bodes well for Private Brand at the beleaguered home goods retailer as he is sure to bring his bullish private brand perspective to the retailer’s reinvention. Tritton begins November 4, succeeding Mary Winston, a board member who has served on an interim basis.
Bed Bath & Beyond said Tritton’s “immediate focus” will be improvements to the assortment and omnichannel experience, part of the larger business transformation.