Target Corporation named Walmart veteran, William J. Foudy Jr., as President of Target Sourcing Services. With an impressive resume of over 25 years of experience in the sourcing industry, Foudy brings to Target a wealth of industry knowledge. Due to start June 17, he will report to Target's Executive Vice President and Chief Merchandising Officer, Mark Tritton, and will oversee Target's global sourcing organization, including strategy, operations, quality assurance, product safety, and responsible sourcing initiatives.
"Target has always excelled at creating consumer excitement with quality, exclusive merchandise," said Foudy in a press release. "I'm thrilled to join and lead the world class sourcing team that contributes to Target's growth, industry leadership, and guest experience."
Tritton added, "Target's global sourcing operations are a key strength of ours and integral to our ability to deliver a differentiated assortment at an unmatched value in the market. The broad scope of Bill's retail experience, including his tenure working with global brands, will accelerate our efforts as we continue to reimagine our owned brand portfolio, offering guests even more unique products for an incredible price that they can find only at Target."
Congratulations to William Foudy!