Target, Michael Fiddelke and CEO Cornell
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Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing consumer needs, embracing technology to automate manual work, and working to mend problems like slow decision-making, siloed internal goals, and a lack of access to quality data that would drive better inventory planning.
Outspoken activist megachurch pastor Jamal Bryant and leaders of the national Target boycott initiative are urging incoming Target CEO Michael Fiddelke to reinstate the retail giant s diversity,
The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to others.
Target reported stronger-than-expected second-quarter earnings Wednesday, but that may not matter much to investors, who finally know who the retailer’s next chief executive is going to be. Target announced that longtime veteran and current Chief Operating Officer Michael Fiddelke will succeed CEO Brian Cornell on Feb.