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Target names COO Michael Fiddelke

Target CEO to step down amid company struggles

Target has named an insider as its next chief executive officer. The announced on Wednesday comes as the discount retailer tries to reverse a persistent sales malaise and to revive its reputation

Forbes · 2h

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.

Business Insider on MSN · 5h

Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, operations, and human resources.

Target, Wall Street and CEO

New York Post · 27m

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target and ex-CEO of Toys R Us, told The Post. “The sales are negative and they are bleeding market share.” Target did not immediately respond to The Post’s request for comment.

Fortune on MSN · 3h

Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

The news the retail industry has been anticipating for months was finally announced on Wednesday: Target CEO Brian Cornell is finally stepping down after 11 years at the helm and will be replaced by his operations chief Michael Fiddelke in February.

Chicago Tribune · 5h

Wall Street drifts in premarket trading while Target tumbles on sluggish sales and a CEO change

Wall Street continues to drift Wednesday while news of a leadership change at Target took some of the spotlight away from the latest batch of corporate earnings reports.

41m

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

Target CEO Brian Cornell is resigning from his post after 11 years following the store's struggling sales and DEI rollback.

40mon MSN

The rise and fall of Target’s fortunes

Target’s quarterly sales in 2023 fell for the first time in six years as consumers pulled back on discretionary goods and fierce right-wing backlash to Target’s Pride Month collection took a toll.

Retail Earnings On Deck This Week: Home Depot, Walmart, Target

Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending ...

Target will have a new CEO for the first time since 2014

Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.

23hon MSN

Target customers may soon flee to Walmart due to alarming change

According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, ...

10h

Retail Earnings Still on Deck This Week: Target, Lowe’s, Walmart

Several big-box U.S. retailers are reporting second-quarter earnings this week, offering a glimpse into the spending habits ...

45m

Target stocks fall after CEO steps down, quarter earnings report emerges

Target shares dropped as more details emerge about the retailer's profits. This comes as Walmart and The Home Depot prepare ...

1hon MSN

Walmart Stock, Not Target, Could Drive Consumer Staples’ Momentum

In 2025, Walmart has been a clear outperformer, up 12%, while Target has slumped 22%. Technicians tend not to believe too ...

2don MSN

These two charts show Walmart and Target's front-loading strategy

Hot toys such as Squishmallow building sets, Hasbro's Spider-Man action figures and Mattel's Barbie were included in ...

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