beauty

More Target Drama: CEO Gregg Steinhafel Steps Down After 6 Years

May 6, 2014 by Julia Welling
shefinds | beauty

Yesterday, Target’s CEO, Gregg Steinhafel, resigned after six years in the position. But this shouldn’t come as a shock considering the store has been struggling lately. It all started when the retailer suffered from a huge security data breach during the holiday season. Then, Target angered consumers by refusing to sell Beyoncé‘s album, after selling her previous six albums in stores, just because she released it online first. Not a good move, Target. You don’t mess with the Queen.

But the bad moves didn’t stop there. In March, the retailer was called out when Target Junior’s bikini model, Tanya Marie Keller, was carelessly photoshopped giving consumers a false message about young female body image. And, since everyone loves a good #photoshopfail story, Ellen Degeneres invited the botched model to speak on her show, giving the retailer an even more negative reputation.

So whether it’s the pressure from everything that has gone wrong or something deeper within the company, it is safe to say that Target is having some trouble. Especially, since the retailer’s Chief Information Officer stepped down a month ago too due to the security scandal.

Right now, it is unclear what will happen to Target or who the new CEO will be. Hopefully, they are able to find a leader that can bring the retailer back to its former glory. We will just have to wait and see.

And don’t forget to check out: 50 pairs of spring flatsJ.Crew’s Lower-Priced Line, and boyfriend jeans

[Photo: Shutterstock]

 

Tags:

News, Target

Author:

From Our Partners

Learn more about RevenueStripe...

From Our Partners

Learn more about RevenueStripe...

beauty

The Results Are In: These Are The Best Full Coverage Foundations For Seriously Stunning Skin

When the occasion calls for full-face makeup, foundation is ...

beauty

These Are The Absolute Best Lip Balms (P.S. You Can Buy Them All On Amazon!)

Let's be honest: dry, cracking, chapped lips are ...

beauty

8 Beauty Products That *Just* Launched And We're Already Obsessed With

One of the best parts about being a beauty editor ...

beauty

Use These Simple Tips To Look Your Best By New Year's Eve

Of course you want to look good on New Year'...

beauty

3 Easy Ways To Look Slimmer In Pictures

As much as we all enjoy posting a really good ...

beauty

These Genius Cloths Completely Remove Makeup With Just Water (Really!)

Ready to makeover your skincare routine? Throw out your makeup ...

beauty

These Are Actress/Model Jessica Hall's Beauty Must-Haves

If you've ever wondered what stunning celebs do to ...

LOAD MORE
+
LOAD MORE POSTS