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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.
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...
Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive ...
Cracker Barrel joins Target, Bud Light and other companies facing public outcry over corporate decisions as its new logo ...
Nekima Levy Armstrong, Monique Cullars-Doty, and Jaylani Hussein all helped organize a national boycott of Target in February ...
Chief operating officer and former chief financial officer, Michael Fiddelke, will take over from Brian Cornell as boss of ...
Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the ...
Target Corp. has named company Chief Operating Officer Michael Fiddelke to succeed Brian Cornell as chief executive officer ...
Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.
In May, McMillon warned of tariff-driven price hikes for a wide range of goods that includes food, toys and electronics.
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