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Target named Michael Fiddelke as its new CEO, and TJX raised its profit outlook as shoppers leaned toward discount retailers. Estée Lauder issued weak guidance tied to tariff costs, while Lowe’s ...
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup that was widely expected and likely overdue. Taking his place to steer the ...
(Reuters) -Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it. The retailer has missed the performance mark for many quarters, ...
Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.