#retail-turnaround

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fromFortune
2 days ago
Business

How Target let Walmart steal its rizz

Brian Cornell transformed Target but declining sales, stock collapse, and recurring operational problems prompted his announced February CEO departure.
fromwww.aljazeera.com
2 days ago
Business

Big box retailer Target names new CEO as business struggles

Michael Fiddelke will become Target's CEO on February 1, 2026 to lead a turnaround amid lagging performance versus rivals.
more#target
fromEntrepreneur
2 days ago

Target's New CEO Reveals a Three-Part Turnaround Plan | Entrepreneur

Target announced on Wednesday that its Chief Operating Officer (COO), Michael Fiddelke, will assume the position of Chief Executive Officer (CEO) in February 2026. The company's current CEO, Brian Cornell, who has been in the role for 11 years, will retire that month. "There is no one better suited to move Target forward than Michael Fiddelke," Cornell stated in a news release. "He brings a remarkable level of resolve in the face of complex challenges, a deep passion for growth, and a natural ability to inspire those around him to define what's next."
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