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Target Names New C.E.O. as It Tries to Break Sales Slump
Target on Wednesday named a new chief executive, Michael Fiddelke, the company’s chief operating officer and a 20-year company veteran, who said improving the retail giant’s sputtering finances was “urgent” as he prepared to step into the top job.
Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to ...
Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...
Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, ...
Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing ...
By Siddharth Cavale, Juveria Tabassum and Sayantani Ghosh (Reuters) -Target needs a hard reset on strategy, Wall Street ...
Target analysts are expecting mixed results when the retailer reports earnings on Wednesday. Business Insider visited stores ...
And while it’s easy to get lost in the company’s recent (poor) handling of American culture war narratives that cast it as ...
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