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Target Is in Serious Trouble

For years, Target was the bright, stylish alternative to big-box drudgery — the chain shoppers joked they were “only running ...
The company, whose stock price is down more than 30% this year, has struggled in the wake of high-profile controversies and ...
Ellison got his start as a part-time employee, but he was “fortunate to land in a company that believed in developing people.
Analysts are wary Michael Fiddelke’s plan won’t be quick enough to stem the Minneapolis-based retailer’s slide.
In a memo sent to employees, incoming Target CEO Michael Fiddelke announced that the retailer would be cutting about 1,800 corporate jobs.
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer ...
The company plans 2026 CapEx of approximately $5 billion, a $1 billion increase over this year, to support store experience and remodels, technology, and digital fulfillment.
Prat Vemana, the chief information and product officer for Target, says AI is changing shopping. That's led the retailer to ...