David Best

David Best Email and Phone Number

President & Chief Operating Officer | Board Director @ Coborn's, Inc.
David Best's Location
Minneapolis, Minnesota, United States, United States
David Best's Contact Details

David Best personal email

n/a

David Best phone numbers

About David Best

𝗜 𝗮𝗺 𝗮 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿-𝗳𝗼𝗰𝘂𝘀𝗲𝗱, 𝗻𝗲𝘅𝘁 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗿𝗲𝘁𝗮𝗶𝗹 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝘄𝗶𝘁𝗵 𝗯𝗿𝗼𝗮𝗱 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗶𝗻 𝗼𝗺𝗻𝗶𝗰𝗵𝗮𝗻𝗻𝗲𝗹, 𝗺𝗲𝗿𝗰𝗵𝗮𝗻𝗱𝗶𝘀𝗶𝗻𝗴, 𝗮𝗻𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁. I combine data and insights with creative thinking to make the improbable possible and generate new sources of growth. Successful at driving transformation, I build differential strategies, develop great new talent and create lasting value in the business. As a merchant at heart, I drive impact throughout all levers of the P&L. By seeing complex problems from different perspectives, I lead teams to breakthrough thinking and top-tier results. With deep expertise in both retail and CPG, I collaborate to deliver value through joint business plans, product development and co-marketing programs. Known for being a bold and scrappy leader, I thoughtfully test, enhance, and scale winning ideas leading to new store formats and strategies that capture market share instore and online. Recognized as a people-focused leader, I cultivate and empower diverse teams, invest in their personal development and advocate for talent. By fostering trust with executives, peers, boards, and external stakeholders, I break down silos, shape a compelling vision and build alignment towards common goals. Experience in:- General Management- E-Commerce / Omnichannel- Merchandising ( Buying / Planning )- New Business Development- Store Operations- Human Resources- Market Development / Real Estate- Franchise & Fuel Operations- Pharmacy Operations- Transformation- Marketing- Private Label Product Development & Sourcing- Team Building- Retail Media- Customer Segmentation- Supply Chain- Revenue Management / Pricing- Site Merchandising / Digital Shelf- Multi-Category Experience ( Food & Beverage / Health & Beauty / Hardlines / Home Decor / Apparel )- Brand Development- Mergers & Acquistions

David Best's Current Company Details
Coborn's, Inc.

Coborn'S, Inc.

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President & Chief Operating Officer | Board Director
David Best Work Experience Details
  • Coborn'S, Inc.
    President & Chief Operating Officer
    Coborn'S, Inc. Aug 2023 - Present
    Saint Cloud, Mn, Us
    Leader of a talented team responsible for Merchandising, Marketing, Store Operations, Human Resources, Retail Services, E-Commerce, Pharmacy, Franchise, Fuel and Market Development for Coborn’s, Inc. With a proud 100+ year history, Coborn’s is a leading independent grocery, pharmacy and liquor retailer with locations across the Upper Midwest under the Coborn’s, Cash Wise, Marketplace Foods, Sullivan’s, Tadych’s and Hornbacher’s banners. Responsible for development of a new strategic plan to drive the next phase of growth. MerchandisingStore OperationsStrategyHuman ResourcesMarket Growth and DevelopmentE-CommerceOmnichannelPharmacyFranchise ManagementFuel and Convenience Real EstateMergers and AcquisitionsPricing and PromotionsLoyaltyDigital MarketingPersonalized MarketingRetail MediaShopper Marketing
  • Coborn'S, Inc.
    Board Member
    Coborn'S, Inc. Aug 2023 - Present
    Saint Cloud, Mn, Us
    Serve as a Member of Board of Directors for Coborn’s, Inc. An Employee Owned, $2Bil regional grocery and liquor retailer.
  • General Mills
    Vp / General Manager Omnichannel
    General Mills Nov 2019 - Aug 2023
    Minneapolis, Minnesota, Us
    Leader of General Mills’ Omnichannel strategy, business and capabilities for North America, including Shopper Marketing, Category Management, Insights, Direct Retail Selling, Promotions Strategy and E-Commerce. Responsible for Omnichannel Sales/Share/Profitability, a Large Global team and Commercial Budget🔹Developed and implemented new Omnichannel and Customer Segmentation strategies designed to accelerate performance on e-commerce platforms and in key growth channels.🔹Transforming Category Management function to a full omnichannel capability with strong expertise in the physical and digital shelf.🔹Launched new state-of-the-art assortment analytics, shopper insights and revenue management tools (including new measures of success), resulting in a multi-million dollar sales and profit impact. 🔹Serving as executive sponsor for Black Champions Network and passionate advocate for inclusion.E-CommerceDigital MarketingTrade MarketingOmnichannel MerchandisingCategory ManagementShopper InsightsGeneral ManagementData and AnalyticsPricing and PromotionsTeam LeadershipProduct Development
  • Target
    Senior Vice President, Merchandising / Merchandise Planning
    Target Sep 2015 - Oct 2019
    Minneapolis, Mn, Us
    Transformed the Merchandise Planning organization from an execution-oriented brick & mortar team to an omnichannel strategic function focused on making bolder investments behind key sales driving initiatives, improving return-on-investment from assortment decisions, and evolved the P&L to support Digital growth. Leader of a diverse and talented team of 240 individuals across apparel, home, hard goods, essentials, beauty and food categories. ApparelHome DecorFood and BeverageHardlinesE-CommerceOmnichannelMerchandisingPricing and PromotionsAssortment PlanningMerchandising PlanningAllocation & Inventory ManagementGeneral Management🔹 Identified the opportunity to disproportionately grow the “Top 50” Holiday key items and built a plan to invest additional inventory, adjust marketing assets and increase display space, resulting in 9.3% growth and $2.7 B in Total Sales.🔹 Created demand forecasting, P&Ls and contingency plans, to support the launch of twelve new Target owned brands in Home Décor and Apparel, resulting in $600 million in Sales Growth. 🔹 Utilized advanced assortment analytics to identify and remove over 40,000 SKUs on Target.com, resulting in a better site experience and $55 MM in increased profit.🔹 Led work to reduce clearance markdown levels in Apparel, Home, Toys and Sporting Goods by $300 million in profit through optimized inventory and pricing strategies.
  • Target
    Vice President & General Manager, New Store Formats
    Target Dec 2012 - Sep 2015
    Minneapolis, Mn, Us
    Led strategy development and P&L of two (of five) key growth initiatives for Target: New Format Development (Smaller Format CityTarget & TargetExpress Stores) and Localization (personalization of the customer’s store experience at each and every Target location). Responsible for a 50-person cross functional team.𝗡𝗲𝘄 𝗙𝗼𝗿𝗺𝗮𝘁𝘀🔹 Responsible for the development and rollout of Target’s small format strategy (CityTarget and TargetExpress), including merchandising, store operations, supply chain, marketing, real estate and strategy.🔹 Designed a localized merchandising strategy for TargetExpress and CityTarget, curated for each neighborhood, resulting in sales$ per square foot at 2-3x Target's average and improved return-on-invested-capital (ROIC)𝗟𝗼𝗰𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻🔹 Drove efforts to develop a guest centric strategy to localize/customize our product offering in nearly all of 1,800+ Target locations, a significant sales opportunity over the next 5 years. 🔹 Leveraged insights to cluster stores based on demographics and selling patterns and built merchandising and marketing strategies that appeal to key consumer groups such as Hispanic, African American, College Students, and Urban Dwellers.
  • Target
    Sr. Director, Dry Grocery / Dairy / Frozen Foods
    Target Mar 2011 - Dec 2012
    Minneapolis, Mn, Us
    Led a 50 person team responsible for merchandise planning and vendor management for Target’s Dry Grocery, Dairy & Frozen categories, a $5 Billion business. 🔹 Developed key strategies and processes to support the rapid expansion of Target’s fresh grocery business into 1,000 new locations.
  • Target
    Merchandising Director & General Manager, Pet Care
    Target Dec 2008 - Mar 2011
    Minneapolis, Mn, Us
    Drove merchandising reinvention of Target’s multi-billion dollar Pet Care business with a new consumer-driven strategy, improved store layouts, over 500 new differentiated items added to the assortment, reduced supply chain costs and increased marketing support.
  • Target
    Senior Buyer, Preschool Toys
    Target Aug 2007 - Dec 2008
    Minneapolis, Mn, Us
  • Pepsico
    Mba Brand Marketing Intern
    Pepsico May 2006 - Aug 2006
    Purchase, New York, Us
    Developed a strategic project to promote PepsiCo's "Better for You" snack portfolio through strategic retail partners.
  • Target
    Buyer, Non Carbonated Beverages
    Target Aug 2003 - Jul 2005
    Minneapolis, Mn, Us
  • Target
    Senior Business Analyst, Household Commodities
    Target Jun 2002 - Aug 2003
    Minneapolis, Mn, Us
  • Target
    Business Analyst, Toys
    Target Aug 2000 - Jun 2002
    Minneapolis, Mn, Us

David Best Skills

Retail Merchandising Strategic Planning Cross Functional Team Leadership Inventory Management Strategy Forecasting P&l Management Assortment Competitive Analysis Product Development Brand Management Marketing Customer Insight Supply Chain Management Leadership P&l Consumer Products Multi Channel Retail Pricing Merchandise Planning Profit Management Team Leadership Team Building Business Strategy Inventory Control Project Management Business Development Communication Negotiation Grocery Customer Experience Coaching Store Layouts Demand Forecasting Positive Coaching Markdown Management Contingency Planning Concept Development Career Development Business Intelligence E Commerce

David Best Education Details

  • Duke University - The Fuqua School Of Business
    Duke University - The Fuqua School Of Business
    General
  • Carleton College
    Carleton College
    Economics

Frequently Asked Questions about David Best

What company does David Best work for?

David Best works for Coborn's, Inc.

What is David Best's role at the current company?

David Best's current role is President & Chief Operating Officer | Board Director.

What is David Best's email address?

David Best's email address is da****@****ton.edu

What is David Best's direct phone number?

David Best's direct phone number is (612)-304*****

What schools did David Best attend?

David Best attended Duke University - The Fuqua School Of Business, Carleton College.

What skills is David Best known for?

David Best has skills like Retail, Merchandising, Strategic Planning, Cross Functional Team Leadership, Inventory Management, Strategy, Forecasting, P&l Management, Assortment, Competitive Analysis, Product Development, Brand Management.

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