- Loewe Set to Open in Shanghai
- Bain Capital Takes Majority Stake in Canada Goose
- Joseph Abboud to Outfit National Basketball Coaches Assn.
TARGET PAY: The man at the center of the bull’s-eye, Gregg Steinhafel, chairman, president and chief executive officer at Target Corp., exercised an option to buy 200,000 shares of the retailer at $33.80 Friday and turned around to sell off the stock at $64.57, a $6.2 million profit. Steinhafel continues to own 269,924 shares of the company directly and another 368,708 shares indirectly, according to a filing with the Securities and Exchange Commission.