Meijer has been expanding into metro Cleveland over the past couple of weeks, opening its first three stores in the city’s suburbs and introducing a home delivery service.
Bill Smith, founder and CEO of Shipt, a wholly owned subsidiary of Target, announced he will be departing the company to pursue his next entrepreneurial challenge. He will continue to serve as an advisor to the company. Kelly Caruso will join Shipt, effective immediately, as the new CEO.
Initial reports of merger talks between Target and Kroger appear to be false, according to a report Friday, March 23, from CNBC.