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Target names Michael Fiddelke CEO

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.

Bring Me The News on MSN · 15h

As CEO, Michael Fiddelke wants to 'reclaim' Target's merchandising authority

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the Minneapolis-based retailer back on track.

The Economic Times on MSN · 23h

Target Corporation shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take charge from Feb 1, 2026

Target Corporation shares tumbled 11% after COO Michael Fiddelke was named CEO, succeeding Brian Cornell. The leadership shift comes amid weak sales, customer churn, and operational challenges. Cornell will transition to executive chair effective February 2026.

Target Shares Tumble

Los Angeles Times · 23h

Target picks insider as CEO to lead turnaround; shares drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

Wall Street Journal · 23h

Target Shares Tumble After Retailer Names a Lifer to Steer Its Turnaround

The chief operating officer, who will take the top job in February, said the retailer needs to revive its focus on stylish merchandise.

MarketWatch · 1d

Target Shares Tumble After Posting Another Quarter of Falling Sales

Shares of Target fell after the company posted its 11th consecutive quarter of flat or falling sales. The stock sank 9.1% to $95.80 in premarket trading Wednesday. Through Tuesday's close, shares have lost more than a quarter of their value over the past year.

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Target: An Ultra-Cheap Stock, But Demand Destruction Is Real

Explore Target Corporation's financial health and strategy: strong credit quality, CEO transition in 2026, and an attractive ...

1hon MSN

Walmart is surging ahead of Target as tariffs take a toll

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost ...

14h

Target CEO to step down amid company struggles

Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.

19h

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported ...

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Target Corporation (TGT) Q2 2025 Earnings Call Transcript

Target Corporation ( NYSE: TGT) Q2 2025 Earnings Conference Call August 20, 2025 8:00 AM ET Brian C. Cornell - Chairman of the Board & CEO James Lee - Executive VP & CFO John Hulbert - Vice President ...

As Iowa native rises to pinnacle of Target, who are other Iowa-born business moguls?

Michael Fiddelke, born in Iowa, will be the new CEO at Target Corp. He's one of a long line of Iowans who've risen to the top of the business world ...