Company veteran Michael Fiddelke is slated to take the helm at Target as the retailer contends with sluggish sales and a slumping stock price.

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1. The board of directors chose Chief Operating Officer Michael Fiddelke, a 20-year ...

Target stock tanks as the retail behemoth offers muted full-year guidance and names an insider its next chief executive. UBS analyst says TGT shares lack a near-term catalyst.

Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for ...

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

The new CEO is taking over at time when Target’s sales are in a funk, its stores are messy and understocked, and it’s losing market share to rivals like Walmart.

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.

Target, meanwhile, tumbled 6.3%. The struggling retailer said that CEO Brian Cornell plans to step down Feb. 1 and that an insider, 20-year veteran Michael Fiddelke, will replace him. He helped ...