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

Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart. The ...

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

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant ...

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...

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

Brian Cornell is stepping down from his role as CEO of Target as the beleaguered retailer struggles with declining sales, new ...

Chief operating officer and former chief financial officer, Michael Fiddelke, will take over from Brian Cornell as boss of ...

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the ...

Fiddelke, an Iowa native and University of Iowa graduate, has been with Target since 2003, starting as an intern. Investors ...

Target's choice to name insider Michael Fiddelke as its new CEO in an effort to turn around the struggling retailer was met ...

Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.