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

American retail giant Target announced that Chief Operating Officer Michael Fiddelke, a longtime employee, will take over as Chief Executive Officer in February next year when the current CEO steps ...

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

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 ...

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

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 ...

But afterward, some analysts weren't sure that would be enough.

Target's board unanimously appointed Michael Fiddelke to replace current CEO Brian Cornell, who has led the company since ...

Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.

NEW YORK (AP) — 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 ...