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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 the biggest bang for their buck. The ...
The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to ...
Target CEO Brian Cornell exits after 11 years, as the retailer grapples with falling sales, tariff challenges, and DEI controversy.
To be sure, the macro-environment is not as favorable to Target as many others. It’s merchandise mix is more discretionary than essential. And during a time when consumers have become more “choice-ful ...
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Business Matters: Target picks insider as new CEO
American retail giant Target announced that Chief Operating Officer Michael Fiddelke, a longtime employee, will take over as Chief Executive Officer in February next year when the current CEO steps ...
Target CEO Brian Cornell will step down in 2026, handing leadership to COO Michael Fiddelke as the retailer grapples with ...
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 ...
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 ...
Some companies are tracking employee AI use on a more granular level. Three providers of worker-tracking software told BI they've seen a sharp rise in demand over the past two years. Companies want ...
Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
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