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business7h ago

https://www.forbes.com/sites/siladityaray/2025/08/20/target-ceo-brian-cornell-will-step-down-as-sales-continue-to-fall/https://www.theguardian.com/business/2025/aug/20/target-ceo-steps-downhttps://www.cnn.com/2025/08/20/business/target-stock-ceo-cornell
Forbes.com and 7 more
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Highlights
  • Target appoints insider Michael Fiddelke as CEO to steer a faster, fundamentals-led turnaround amid a challenging retail backdrop.
  • The plan includes expanding Fun 101 and simplifying ranges to revitalize key categories like toys, electronics and books.
  • BBC reports Target taps internal leadership again, with Fiddelke taking the helm in February as sales pressure persists.

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References

Target CEO Brian Cornell Steps Down As Sales Drop Amid DEI Reversal Backlash

https://www.forbes.com/sites/siladityaray/2025/08/20/target-ceo-brian-cornell-will-step-down-as-sales-continue-to-fall/Forbes.com
Target CEO Brian Cornell Steps Down As Sales Drop Amid DEI Reversal Backlash

Target CEO steps down as company faces weak sales and customer boycott

https://www.theguardian.com/business/2025/aug/20/target-ceo-steps-downTheguardian.com
Target CEO steps down as company faces weak sales and customer boycott

Target’s CEO is stepping down as customers turn away | CNN Business

https://www.cnn.com/2025/08/20/business/target-stock-ceo-cornellCnn.com
Target’s CEO is stepping down as customers turn away | CNN Business

Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

https://people.com/target-ceo-resigns-amid-falling-sales-11794261People.com
Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

Target names new CEO as retailer fights to reverse sales slump

https://www.foxbusiness.com/lifestyle/target-ceo-brian-cornell-steps-down-after-10-years-retailer-fights-reverse-sliding-salesFoxbusiness.com
Target names new CEO as retailer fights to reverse sales slump

The next Target CEO knows the retailer needs to do better. Here's his 3-part plan to get it back on track.

https://www.businessinsider.com/new-target-ceo-has-plan-to-get-retailer-on-track-2025-8Businessinsider.com
The next Target CEO knows the retailer needs to do better. Here's his 3-part plan to get it back on track.

US chain Target appoints new boss as it seeks to revive sales

https://www.bbc.com/news/articles/c93dw3w09z6oBbc.com
US chain Target appoints new boss as it seeks to revive sales

Related Topics

businessbrian cornellmichael fiddelketarget corporation

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