Target Taps William J. Foudy, Jr. as President, Target Sourcing Services
MINNEAPOLIS, MN - In a recent move, Target Corporation named Walmart veteran, William J. Foudy Jr., as President of Target Sourcing Services. Foudy will oversee Target's global sourcing organization, including strategy, operations, quality assurance, product safety, and responsible sourcing initiatives. Due to start June 17, he will report to Target's Executive Vice President and Chief Merchandising Officer, Mark Tritton.
"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."
With over 25 years of experience in the sourcing industry, Foudy brings to Target a wealth of knowledge. He has led international teams for brands like Adidas and Nike, and most recently worked at Walmart as Vice President of Global Sourcing.
"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," said Tritton. "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!