Wednesday, January 9, 2008

Target CEO Ulrich to retire (AP)



In a photo released by Target Corp., President Gregg Steinhafel is shown. The discount retailer said Wednesday that Chief Executive Bob Ulrich will retire May 1 and be replaced by Steinhafel. (AP Photo/Target Corp., Johansen Krause) * NO SALES *AP - Target Corp. said Wednesday that President Gregg Steinhafel would take over for retiring CEO Bob Ulrich, a long-expected handoff that comes just as the nation's second-largest retailer hits a rough patch.




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