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Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the ...
Target CEO Brian Cornell will step down in 2026, handing leadership to COO Michael Fiddelke as the retailer grapples with boycotts, tariffs, and falling sales.
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 ...
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, ...
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 ...
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 ...
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.
down 100 basis points Walmart guidance vs. Target: earnings per share guidance lift vs. reiterated EPS outlook Target’s new ...
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