Target's CEO Brian Cornell is stepping down as the retailer continues to face backlash and a slump in sales for its retreat on DEI.

Shares tumbled 6%. Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI. He will be replaced early next year ...

Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it. The ...

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...

A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly evolved and redefined the competitive landscape,” according to one analyst.

Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1. The board of directors chose Chief Operating Officer Michael Fiddelke, a 20-year ...

Cornell's departure is not a surprise, with his contract nearly up and the company's performance down. His successor, Michael ...

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...

Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.

NEW YORK (AP) — Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its ...

Target CEO Brian Cornell resigns after 11 years. Michael Fiddelke, 20, appointed new CEO amid sales decline and reputation challenges.