News

Target (TGT) recently announced a CEO transition, with Michael Fiddelke set to replace Brian Cornell, highlighting continuity ...
Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...
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 ...
Michael Fiddelke has spent virtually his entire career at Target.
The company reported second-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $2.03. Quarterly sales of $25.21 billion (down 0.9% year over year) outpaced the ...
Target CEO Brian Cornell will step down in 2026, handing leadership to COO Michael Fiddelke as the retailer grapples with ...
A former chief executive can provide guidance to the successor, especially one taking the corporate reins for the first time, like Mr. Cornell’s replacement, Michael Fiddelke. But Target investors and ...
Target just announced a massive leadership shakeup, which could mean big changes are on the way for shoppers in New York. The ...
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 ...