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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, ...
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.
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.
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.
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