Target names grocery veteran to reinvent food business

Markets Associated Press

Target Corp. has named a 20-year grocery and consumer product industry veteran to help revamp the retail chain's food business.

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The Minneapolis-based retailer said Monday that it has hired Anne Dament to the role of senior vice president, merchandising, a position that had been vacant since late last year.

Dament's most recent job was at PetSmart, where she was most recently a vice president of services. Before that, she was group vice president of perishable strategy at Safeway.

Target is working to overhaul its food strategy over the next 12 to 18 months as part of reviving its overall business.

Target plans to add more natural, organic and gluten-free products, while offering more specialty foods.