WAUKESHA, Wis. — Target Corp. is unlikely to change its grocery strategy now that it has beaten back a challenge by a major shareholder to add five new members to the discounter's board. However, some industry analysts said they believe the proxy challenge may raise awareness about potential weaknesses at Target. Target said last week the company's four directors up for re-election had been returned to the board at the annual meeting here, with “more than 70%” of shareholders voting in ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.