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Target names Chandhu Nair as its first chief AI officer to boost retail innovation and customer experience.

Market News
11 Aug 2026
CNBC
View Source
Bullish
Target names Chandhu Nair as its first chief AI officer to boost retail innovation and customer experience.

Target has appointed Chandhu Nair as its first-ever chief artificial intelligence officer, marking a strategic move to leverage AI in retail. Nair, formerly senior VP at Lowe's, will focus on improving inventory management, decision-making, and customer experience through AI. This appointment aligns with Target's investments in generative AI tools like Target Trend Brain and conversational AI for shopping assistance. The move reflects a broader retail trend as competitors like Walmart and Gap also integrate AI to enhance operations and customer engagement.

More News (TGT)

Simply Shabby Chic returns to Target with vintage-inspired home decor in a new exclusive partnership.

Simply Shabby Chic returns to Target with vintage-inspired home decor in a new exclusive partnership.

Target has announced the return of Simply Shabby Chic, a vintage-inspired home brand designed by Rachel Ashwell, through a new exclusive multi-year partnership starting October 11, 2026. The collection includes bedding, pillows, throws, and holiday d...

Market News
Bullish
1 day ago
Walmart shares drop 23%, but a Wall Street pro sees 49% gains by 2026 for investors acting now.

Walmart shares drop 23%, but a Wall Street pro sees 49% gains by 2026 for investors acting now.

Walmart shares have fallen nearly 23% from their 52-week high due to weak guidance despite strong earnings. The company faces headwinds like higher fuel costs, new drug pricing rules, and competition from Flipkart. However, a Wall Street strategist f...

Analyst Insights
Bullish
2 days ago
Markets await Fed minutes and earnings season amid mixed early trading and major retail sales events.

Markets await Fed minutes and earnings season amid mixed early trading and major retail sales events.

Markets showed mixed movements as investors await the Federal Reserve's September meeting minutes due Wednesday and the start of earnings season. The CME's FedWatch tool indicates interest rates are expected to remain steady. Recent weaker-than-expec...

Market News
Neutral
2 days ago
Holiday sales surge with $95.8B online in October; Qualcomm-Huawei deal boosts tech stocks; PTC soars on $22.6B acquisition.

Holiday sales surge with $95.8B online in October; Qualcomm-Huawei deal boosts tech stocks; PTC soars on $22.6B acquisition.

October online sales are expected to reach $95.8 billion, an 8% increase year-over-year, driven by early holiday promotions from Amazon, Target, and Walmart. Qualcomm and Huawei finalized a multi-year cross-licensing agreement covering 5G, AI, and ne...

Market News
Bullish
2 days ago
Target launches Bullseye's Top Toys List with 50 exclusive holiday toys starting at $4.99

Target launches Bullseye's Top Toys List with 50 exclusive holiday toys starting at $4.99

Target unveiled Bullseye's Top Toys List for 2026, featuring 50 expert-curated toys, over half exclusive to Target, starting at $4.99. The list highlights popular brands like LEGO, Barbie, Disney, and Nintendo, covering trends from sensory play to ST...

Market News
Bullish
2 days ago
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