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Cornell replaced former CEO Gregg Steinhafel, who stepped down nearly five months after Target disclosed a huge data breach ...
Target stock plunges 10% as the company names new CEO, forecast repeated, and investors doubt retail turnaround.
Target CEO Brian Cornell plans to step down in February 2024, with COO Michael Fiddelke taking over. Fiddelke faces challenges, including sluggish sales and increased competition. His priorities ...
Target (NYSE: TGT) stock slumped 10% after the discounter appointed Michael Fiddelke, the company’s current Chief Operating ...
Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for ...
Wall Street continues to drift Wednesday while news of a leadership change at Target took some of the spotlight away from the ...
Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains. Cornell helped engineer a turnaround at Target, but it’s been a rocky few ...
Fed Chair Jerome Powell is now set to speak at the Jackson Hole Symposium on Friday, offering up more cues on policy. Powell’s address comes after some soft readings on consumer inflation and payrolls ...
Company veteran Michael Fiddelke is slated to take the helm at Target as the retailer contends with sluggish sales and a ...
NEW YORK (AP) — 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 ...
Between the latest results and the CEO change, both announced Wednesday morning, Wall Street dragged Target’s stock price ...
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