Target hires Anne Dament to overhaul food business

Target has named Anne Dament as its new senior VP of merchandising, a role that will put her in charge of leading the strategic repositioning of the retailer's food business.

Dament has more than 19 years of experience with grocery and consumer packaged goods, having started her career as a buyer for Supervalu and then Safeway, where she held several category and sales management positions. She later spearheaded Safeway's homecare and general merchandising business operations, working closely with the chain's consumer packaged goods partners and focused on global buying strategy. She also served as group VP for perishable strategy, bringing meal solutions and grab-and-go options to assortments and merchandising.

"My very first job was in a local grocery store and I've had a passion for food ever since," said Dament. "Joining the team at Target gives me an opportunity to bring my professional experience and love of food to the organization as their transformation is just getting underway. I'm excited to return home to Minnesota and work alongside great leaders for such an iconic brand."

Target has announced plans to shift its food strategy over the next 12 to 18 months, aiming to make it easier for customers to find healthy options, provide meal solutions and offer better selections for entertaining. Specifically, the retailer plans to emphasize better-for-you snacks, coffee and tea, premium sauces and oils, specialty candy, wine and craft beer, and yogurt and granola, with most major changes scheduled to be implemented next year.

"Our guests tell us they expect Target to inspire them with differentiated food offerings like we do in other areas," said Target's Chairman and CEO Brian Cornell. "We have an opportunity to make food more reflective of our brand, elevate the shopping experience and make Target a food destination for our guests. Having previously worked alongside Anne, I know her industry expertise and proven ability to reinvigorate existing businesses make her the right leader to drive our reinvention." Press release

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