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business11h 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 8 more
www.forbes.com
 Open in Forbes.com
Highlights
  • Target names insider Michael Fiddelke as the next CEO, aiming to reverse two years of sales weakness and restore momentum.
  • The leadership change seeks to sharpen merchandising authority and refresh in-store experiences as a priority for 2025.
  • The appointee is expected to reclaim Target’s position as a leader in selecting and displaying merchandise to boost sales.

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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 Brian Cornell to step down as company struggles with poor sales numbers

https://www.pbs.org/newshour/economy/target-ceo-brian-cornell-to-step-down-as-company-struggles-with-poor-sales-numbersPbs.org
Target CEO Brian Cornell to step down as company struggles with poor sales numbers

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

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

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.

Related Topics

businessbrian cornellmichael fiddelketarget corporation

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