The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to ...

Target CEO Brian Cornell exits after 11 years, as the retailer grapples with falling sales, tariff challenges, and DEI controversy.

Target CEO Brian Cornell will step down in 2026, handing leadership to COO Michael Fiddelke as the retailer grapples with ...

Target just announced a massive leadership shakeup, which could mean big changes are on the way for shoppers in New York. The ...

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 ...

Walmart Inc. reported increases in second-quarter profits and sales Thursday as it pulls in shoppers seeking low prices for groceries and other essentials to offset worries that new U.S. tariffs may ...

Chief operating officer Michael Fiddelke will become Target's next CEO, the retail giant announced on Wednesday, Aug 20.

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...