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• Target Corp. announced that Michael Fiddelke, its SVP - Merchandising Capabilities, has been promoted to the role of CFO, succeeding Cathy Smith, who is retiring.

At the same time, Bed Bath & Beyond announced that it has hired Mark Tritton, Target's chief merchandising officer, to be its new president/CEO. Tritton is the former president of Nordstrom's executive of the Nordstrom Product Group who joined Target in 2016.

• Tops Friendly Markets announced the promotion of William Smith, the company's category business manager for condiments, juice and candy, to the position of director of private brands.
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