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Target CEO Brian Cornell will step down in 2026, handing leadership to COO Michael Fiddelke as the retailer grapples with boycotts, tariffs, and falling sales.
Walmart Inc. reported increases in second-quarter profits and sales Thursday as it pulls in shoppers seeking low prices for groceries and other essentials to offset worries that new U.S. tariffs may ...
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 ...
Leftists are taking a victory lap over the CEO of Target stepping down, but their boycott is a tiny blurb in the bigger picture. Brian Cornell was […] ...
Google is ramping up the pressure on workers to use AI. Employees told BI how they feel about it.
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 ...
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Michael Fiddelke Named Target's New CEO As Sales Plunge
Chief operating officer Michael Fiddelke will become Target's next CEO, the retail giant announced on Wednesday, Aug 20.
Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
Michael Fiddelke, born in Iowa, will be the new CEO at Target Corp. He's one of a long line of Iowans who've risen to the top of the business world ...
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 ...
It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...
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