News

Target’s in a brand identity crisis. It’s not alone

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...

Target names new CEO as retailer fights to reverse sales slump

Michael Fiddelke, Target's current chief operating officer, will replace CEO Brian Cornell on Feb. 1 as the retailer works on ...

Target CEO Brian Cornell steps down after 10 years as retailer fights to reverse sliding sales

Target CEO Brian Cornell is stepping down next year after over a decade at the helm as the embattled retailer undertakes a ...

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's new CEO pick raises doubts about its much-needed brand reboot

Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.

Target Just Named Its New CEO. Here’s What It Means for the Retail Giant

Shares for the Minneapolis-headquartered company dropped more than 10 percent after Target made the announcement.

Target Shares Tumble After Retailer Names a Lifer to Steer Its Turnaround

The chief operating officer, who will take the top job in February, said the retailer needs to revive its focus on stylish ...

Target names insider Fiddelke as CEO to guide turnaround

Target promoted insider Michael Fiddelke on Wednesday as its new CEO to turn around the struggling retailer after a series of ...