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Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.
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.
Every PlayStation 5 model is about to get $50 more expensive because of tariffs.
Key Takeaways Michael Fiddelke is slated to become Target's CEO in February, disappointing investors who were looking for an external candidate to refresh the retailer's approach.Fiddelke described ...
Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.