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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’s new CEO, Michael Fiddelke, will have to move quickly to fix a host of problems to compete with Walmart. Chief among them is to run a more operationally sound business in stores and online.
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 ...
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 ...
Walmart is getting hit by tariffs, like every other business in America. But customers are still flocking to Walmart because they believe the retailer offers them ...
A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly evolved and redefined the competitive landscape,” according to one analyst.
Incoming CEO Michael Fiddelke inherits boycotts, tariffs, and a broken shopping experience. But it’s not too late to save the retailer.