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Target, Brian Cornell

Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year

Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart. The Minneapolis-based retailer said Wednesday that Chief Operating Officer Michael Fiddelke,

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

· 2d · on MSN

Target CEO to step down as sales remain sluggish

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Target CEO to Step Down Amid Company Struggles

Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.

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Target shares drop as retailer picks insider to lead turnaround drive

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Target insider Michael Fiddelke named CEO

Walmart, Target

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· 8h · on MSN

What did earnings from Walmart, Target reveal about tariff-driven price hikes?

“As we replenish inventory at post-tariff price levels, we've continued to see our costs increase each week, which we expect will continue into the third and fourth quarters,” Walmart CEO Doug McMill...

· 1d · on MSN

Walmart continues to win over shoppers as tariffs push up prices

· 1d · on MSN

Walmart's 2Q results show it's wooing shoppers and outpacing peers like Target amid tariff woes

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Walmart is getting hit by Trump’s tariffs

America's largest retailer, Walmart is raising prices because of tariffs.

Albuquerque Journal · 1d

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

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Walmart is raising prices because of tariffs. Customers are still flocking to Walmart

13hon MSN

What Is New Target CEO's View on DEI? What We Know

Target's new CEO, Michael Fiddelke, has not discussed DEI directly, prioritizing retail logistics over cultural messaging.

1don MSN

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

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup that was widely expected and likely overdue. Taking his place to steer the brand out of its malaise is … Cornell’s right-hand man.

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% since 2021.

2don MSN

Who is Target’s next CEO, Michael Fiddelke?

Target Corp. on Wednesday named Michael Fiddelke as its new chief executive, promoting the company veteran who has served as chief operating officer since January 2024. Fiddelke, 49, will succeed Brian Cornell, who led the Minneapolis-based retailer for 11 years through a period of significant growth and recent challenges.

12h

Target welcomes new ‘shop-in-shop’ retailer

Following news that Ulta Beauty is ending its partnership with Target, another retailer has come into view: Warby Parker.