Editor
Target Corp on Wednesday scrapped its policy of chief executives having to retire at 65, allowing Brian Cornell to lead the retailer for another three years as it battles through a period of high inflation and overstocked stores.
Cornell, 63, has served as Target’s CEO since 2014 helping beef up the company’s online shopping and delivery operations to keep pace with larger rivals Amazon.com Inc and Walmart Inc.
In 2015, he also led the…
