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

Target CEO Brian Cornell exits after 11 years, as the retailer grapples with falling sales, tariff challenges, and DEI controversy.

To be sure, the macro-environment is not as favorable to Target as many others. It’s merchandise mix is more discretionary than essential. And during a time when consumers have become more “choice-ful ...

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 ...