CBSNews notes that Target has also not done itself any favors by ending its long-time policy of price matching with competitors like Walmart, a company that is enjoying a sales boost despite the ...

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 ...

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 ...

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

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 ...

Michael Fiddelke, born in Iowa, will be the new CEO at Target Corp. He's one of a long line of Iowans who've risen to the top of the business world ...

A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly evolved and redefined the competitive landscape,” according to one analyst.

Walmart and Target are heading in opposite directions. Walmart said Thursday that sales at US stores open for at least a year jumped 4.8%, and it gained market share across income groups, led by ...