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Target, CEO Fiddelke

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target and ex-CEO of Toys R Us, told The Post. “The sales are negative and they are bleeding market share.” Target did not immediately respond to The Post’s request for comment.

Reuters on MSN · 1d

Target stock slumps after retailer names insider Fiddelke to CEO role

Target's choice to name insider Michael Fiddelke as its new CEO in an effort to turn around the struggling retailer was met with a negative reaction from the stock market, as investors viewed the 20-year company veteran as unlikely to fix the company's myriad issues.

Forbes · 1d

As Target Names New CEO, Stock Tumbles 10% As DEI Hit And Tariffs Drag On Sales

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their DEI pullback & tariffs are dragging on sales

Target CEO Brian Cornell to step down

CNN on MSN · 22h

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

USA Today · 18h

Minneapolis-based Target names new CEO as Brian Cornell steps down after 10 years

Target CEO Brian Cornell announced he will step down from the position. Here’s what to know about one of Minneapolis’ top employers.

U.S. News & World Report · 1d

Target's COO Will Lead the Struggling Retailer When CEO Brian Cornell Steps Down in February

Cornell will transition to be executive chair of the board. Cornell, 66, took the helm at Target in August 2014. In September 2022, the board extended his contract for three more years and eliminated a policy requiring its chief executives to retire at age 65.

1don MSN

TGT stock price: Why are Target shares dropping—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced ...

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...

Target Stock Suffers Worst Session Since ‘Liberation Day’ Selloff

Shares in Target sank after the retailer reported its 11th straight quarter of flat or falling sales, and said Chief ...

6hon MSN

Target might be having an ‘identity crisis,’ but some analysts are still standing by the stock

A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly ...

21hon MSN

These Stocks Moved the Most Today: Target, Palantir, Intel, Nvidia, Dayforce, Hertz, James Hardie, and More

Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...

23h

Target stocks fall after CEO steps down, quarter earnings report emerges

Target shares dropped as more details emerge about the retailer's profits. This comes as Walmart and The Home Depot prepare ...

15h

Stocks to Watch Wednesday: Lowe’s, Toll Brothers, Estée Lauder, Target

The home-improvement retailer boosted its annual outlook, fueling a mode ...