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Target CEO to step down

Target’s CEO is stepping down as customers turn away

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

ABC News on MSN · 1d

Target CEO to step down as sales remain sluggish

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant, the company said on Wednesday. In recent years, Target has suffered sluggish sales as the company weathered consumer boycotts over its Pride collection and a rollback of its diversity, equity and inclusion policies.

USA Today · 1d

Minneapolis-based Target names new CEO as Brian Cornell steps down after 10 years

Target CEO Brian Cornell announced he will step down from the position. Here’s what to know about one of Minneapolis’ top employers.

Target Picks Insider

Reuters · 19h

Target's new CEO pick raises doubts about its much-needed brand reboot

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

Bloomberg L.P. · 1d

Target Picks Insider as CEO to Lead Turnaround; Shares Drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

BBC · 1d

Target picks insider as new CEO - 20 Aug 2025

The retail giant Target announced that Chief Operating Officer, Michael Fiddelke, will take over as chief executive in February next year when the current CEO steps down. Wall Street appears less than enthusiastic about the choice,

Target, Walmart

MarketWatch on MSN · 1h

Target’s stock is losing the battle against Walmart. Here are the reasons why.

Walmart’s stock took off; Target’s remained cellar-bound. A year after that, the gap continued to grow. As of Thursday, shares of Walmart were up 114% over the past three years, while those of Target have slid 42%.

CNN on MSN · 2h

How Target lost to Walmart in the online shopping wars

Between the pandemic upending shopping habits five years ago and the economy causing consumers to tighten their purse strings in 2025, it’s been a tumultuous half decade for retailers.

The Associated Press on MSN · 20h

Tariffs aren't keeping Walmart from attracting shoppers and outpacing Target

Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.

23hon MSN

Target’s in a brand identity crisis. It’s not alone

And while it’s easy to get lost in the company’s recent (poor) handling of American culture war narratives that cast it as ...

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

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

From intern to top boss — who is Michael Fiddelke, Target's new CEO

Target named longtime company veteran Michael Fiddelke as its CEO, replacing retail industry bigwig Brian Cornell, effective ...

1don MSN

What went wrong at Target

Activists and customers on the right attacked Target on social media for its LGBTQ-themed merchandise during Pride Month.

2don MSN

Target is in trouble. We visited 3 stores across the US to find out why.

Target analysts are expecting mixed results when the retailer reports earnings on Wednesday. Business Insider visited stores ...

17h

Target Just Changed Its Leadership. Some Say It’s Not a Great Sign

Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing ...

15hon MSN

Target’s brand crisis, a new Disney, hidden moon discovery: Catch up on the day’s stories

🍴 Cracker Barrel’s stock tanked after making what change? A. Discontinued its famous hashbrown casserole B. Unveiled a new, ...