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Target CEO stepping down amid slumping sales
Target's CEO Brian Cornell is stepping down after 11 straight quarters of sliding sales. The company's stock has dropped more than 25% since the start of the year. The company said customer backlash to its decision to roll back DEI programs this year has also hurt sales.
In the latter half of 2022, even as a spike in prices spurred a consumer exodus toward essentials, shares of big-box chains ...
Pastor Jamal Bryant is leading a boycott against Target, affecting sales and pushing for DEI progress as the CEO steps down.
Target Corp. has named company Chief Operating Officer Michael Fiddelke to succeed Brian Cornell as chief executive officer ...
S hares of Target Corp. slumped 9.4% in premarket trading Wednesday, after the discount retailer said it was replacing for ...
Target Corp. on Wednesday named Michael Fiddelke as its new chief executive, promoting the company veteran who has served as ...
Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the ...
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Target might be having an ‘identity crisis,’ but some analysts are still standing by the stock
A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly ...
Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
Target announced Wednesday that its CEO, Brian Cornell, will be stepping down from his role early next year. The news comes ...
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Target CEO Brian Cornell will step down in February, COO Michael Fiddelke will take his place
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.
Roth Capital Markets analyst Bill Kirk maintained his “Neutral” rating and $90.00 target price on Target Corporation ...
Michael Fiddelke has spent virtually his entire career at Target.
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