News

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 appoints new boss as it seeks to revive sales

US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price.

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer ...

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 ...

These CEOs went from interns to the top job at Nike, Target, and beyond

Companies like Nike and Target are helmed by veterans who got their start at the companies decades ago.

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 ...

Retail Earnings Tracker: Target Sales Fall Again As It Warns Of Tariff Uncertainty, Lowe’s Beats Expectations

Retailers including Lowe’s and Walmart will hold earnings calls this week, which could indicate the impact of tariffs on ...

Stock Market Today: Dow extends decline, Nasdaq tumbles after Fed minutes as rotation out of Big Tech continues; Target falls after new CEO is named.

Stocks are lower Wednesday afternoon as selling of AI-related technology names continues and Target names a new chief ...

Why Target's new CEO won't have a honeymoon period: Opening Bid top takeaway

People I've talked to wanted an outsider as Target's next CEO, with fresh eyes to fix its issues (not unlike when Cornell was ...