Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

Target New CEO: Michael Fiddelke will assume the role of Target’s new CEO in February 2026. (Image: LinkedIn) Target has ...

Target CEO Brian Cornell steps down in 2026 as sales slump and DEI backlash grow. Michael Fiddelke named successor amid investor concerns.

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.

But Target has been in a deep slump for years, mostly due to its own strategic missteps. The company has quickly fallen behind rivals like Walmart, Amazon and Costco. Here’s how Target reached new ...

Wall Street continues to drift while news of a leadership change at Target took some of the spotlight away from the latest ...

Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart. The Minneapolis-based retailer said Wednesday that Chief Operating Officer Michael ...

After Target faced backlash for eliminating some of its DEI programs, the company is replacing its CEO as sales continue to ...