MINNEAPOLIS — Minneapolis-based Target Corporation has named Brian Cornell their new chief executive officer. The 55-year-old executive has been with PepsiCo for the past decade. This is the first time Target has turned to an outsider to repair a battered corporate culture and navigate a sea change in Americans' shopping habits. Target continues to struggle following a massive data breach that derailed sales over the holiday season and kept customers away for months. Cornell will join Target August 12th.
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