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Target, CEO

Target names new CEO as retailer fights to reverse sales slump

Michael Fiddelke, Target's current chief operating officer, will replace CEO Brian Cornell on Feb. 1 as the retailer works on its turnaround strategy.

NBC News · 3h

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% since 2021.

Insider on MSN · 13h

The next Target CEO knows the retailer needs to do better. Here's his 3-part plan to get it back on track.

Incoming Target CEO Michael Fiddelke has been leading the retailer's acceleration effort to combat falling sales. He laid out plans to restore growth.

Target CEO Brian Cornell to step down, COO announced

USA TODAY on MSN · 7h

Target CEO Brian Cornell steps down; Michael Fiddelke takes over after weak quarter

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014, will step down and Fiddelke will take over the role on Feb. 1, 2026.

Yahoo · 11h

Target CEO Brian Cornell to step down, COO announced as replacement

Target CEO Brian Cornell will step down from his role in February, with longtime employee Michael Fiddelke tapped to replace him. Cornell, who has led the Minneapolis retailer since 2014, will become the executive chair of Target's Board of Directors,

Chicago Tribune · 8h

Target CEO to step down amid company struggles

Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its reputation as

12hon MSN

Target CEO to step down as sales remain sluggish

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant ...

9hon MSN

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to ...

14h

Target picks insider as CEO to lead turnaround; shares drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the ...

10hon MSN

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target ...

10hon MSN

What went wrong at Target

Activists and customers on the right attacked Target on social media for its LGBTQ-themed merchandise during Pride Month.

1don MSN

Target will report earnings before the bell. Here's what to expect

Target will report fiscal second-quarter earnings before the bell on Wednesday, as investors look for signs that the ...

16h

Target Stock Heads for Worst Session Since 'Liberation Day' Selloff

Shares in Target sank after the retailer reported its 11th straight quarter of flat or falling sales, and said Chief ...

4hon MSN

I've Shopped at Target for 20+ Years and These Are the Fall Décor Finds That Instantly Made My Home Cozier — Starting at $6

I’m a longtime Target shopper, and I found cozy fall home décor for under $30, including wood candlesticks, framed art, and ...

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