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Target’s new CEO, Michael Fiddelke, will have to move quickly to fix a host of problems to compete with Walmart. Chief among them is to run a more operationally sound business in stores and online.
Shares of Target Corp. (NYSE:TGT) fell back to the $99 level on Wednesday, as investors were dampened by a flurry of negative developments, including a weak outlook, a change in leadership, and lower ...
MINNEAPOLIS — Despite some sequential improvement, Target Corp. posted lower top and bottom lines in the fiscal 2025 second quarter, which accompanied the news that Brian Cornell will be stepping down ...
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EURweb on MSNTarget CEO Brian Cornell Steps Down Amid DEI Backlash
Target’s CEO Brian Cornell will step down on February 1, 2026, after 11 years, with Chief Operating Officer Michael Fiddelke, ...
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Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader
The news the retail industry has been anticipating for months was finally announced on Wednesday: Target CEO Brian Cornell is finally stepping down after 11 years at the helm and will be replaced by ...
A former chief executive can provide guidance to the successor, especially one taking the corporate reins for the first time, like Mr. Cornell’s replacement, Michael Fiddelke. But Target investors and ...
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