Target Taps 18-Year Walmart Veteran Jeff England to Lead Supply Chain
Target named Jeff England, an 18-year Walmart veteran, as chief global supply chain officer effective May 31 to improve inventory availability and reduce logistics costs. Higher fuel costs are squeezing budgets at big-box retailers such as Walmart, but DIY projects like paint and grills sustained sales growth this quarter.
1. Target names former Walmart executive
Target on Tuesday announced the hiring of Jeff England, who served 18 years at Walmart and most recently led supply chain at QXO and Genuine Parts Co, as chief global supply chain and logistics officer effective May 31.
2. Fuel costs pressure big-box retailers
Home improvement CFOs report that higher fuel prices are hitting consumer spending power across big-box chains such as Walmart, forcing shoppers to prioritize essential expenses over larger home renovation projects.
3. DIY projects support sales growth
Despite the economic headwinds, small-scale DIY categories— notably paint, grills, storage solutions, piping and fittings— delivered robust comparable sales growth close to 2% in the latest quarter.