Target has picked a longtime executive to take over as CEO amid plummeting sales and a slumping stock throughout 2025. Chief ...

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.

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

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

After 11 years leading the embattled retail chain, CEO Brian Cornell is stepping down, as sales have sunk and shareholder patience has run thin.

The firm said Target's fiscal second-quarter results showed signs of improvement and were less worse than expected, but noted the CEO transition weighed on sentiment. The new valuation reflects a ...