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Target's New Food and Beverage President Talks Strategy

Stephanie Lundquist shares retailer's plans to form central team to enhance operations.
Photograph: Shutterstock

Target Corp. is changing up its strategy for food and beverage, according to recently appointed Food and Beverage President Stephanie Lundquist.

In a Q&A on Target's blog, Lundquist expressed that the retailer will soon be "bringing key players from across the organization together to form one new team" to enhance how it operates its food and beverage business "while staying closely connected to the functions and capabilities" the retailer has in place. 

stephanie lundquist
Stephanie Lundquist photograph courtesy of Target

In a new role at the company, the former chief human resources executive will oversee all merchandising and operations for food and beverage, including strategy development and implementation.

"We have incredible expertise supporting this area of the business, and I’m excited to propel that forward," Lundquist said, adding that this includes everything from thinking about how to best leverage Target's range of fulfillment to new brand development

When asked what her favorite items are that Target carries, Lundquist called out Archer Farms Butter Toffee Coffee as well as the retailer's wine section.

"It’s been really fun to see this area of our business experience so much growth, and our team at Target does a great job of bringing in new brands and interesting varietals that my husband and I enjoy trying," she said.

Lundquist joined Target in 2005. She began her career at Kohl’s and has since held a variety of human resources roles for Marshall Fields, May Co. and Macy’s.

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