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Target’s CEO is stepping down as customers turn away

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.

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Target picks insider as new CEO - 20 Aug 2025

· 13h

Target promotes insider Fiddelke to CEO, beats quarterly estimates

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Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

After 11 years in the role, Cornell will leave his post at the beginning of next year, per CNN, CNBC and AP.

· 4h

Target CEO to step down amid company struggles

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Target CEO Brian Cornell to step down, COO announced as replacement

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

Shares of Target fell more than 8% Wednesday after the company said its chief operating officer, Michael Fiddelke, would become Target’s new chief executive officer in February.

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Target CEO Brian Cornell to step down after 10 years, new CEO named

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Target's COO will lead the struggling retailer when CEO Brian Cornell steps down in February

10h

As Target Names New CEO, Stock Tumbles 10% As DEI Hit And Tariffs Drag On Sales

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their DEI pullback & tariffs are dragging on sales

14h

From intern to top boss — who is Michael Fiddelke, Target's new CEO

Target named longtime company veteran Michael Fiddelke as its CEO, replacing retail industry bigwig Brian Cornell, effective February 1, 2026.

Target stocks fall after CEO steps down, quarter earnings report emerges

Target shares dropped as more details emerge about the retailer's profits. This comes as Walmart and The Home Depot prepare to report their quarter earnings. Akin Oyedele, a deputy editor at Business Insider,

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Target appoints new boss as it seeks to revive sales

US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price.

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Tottenham consider offering shock makeweight forward to Crystal Palace in Eberechi Eze deal to free up funds for Brentford striker and Newcastle target Yoane Wissa

Tottenham are considering offering a makeweight forward as part of the deal to bring in Eberechi Eze from Crystal Palace - and would then make a move for Brentford's Yoane Wissa.

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There's at Least $10k a Month in Theft': Employees Reveal Why Target and Ulta's Partnership Flopped

Target and Ulta Beauty's retail partnership will officially end in August 2026 after staff exposed crippling theft of up to $10k a month, chronic understaffing, and a lacklustre shopping experience.

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Target's new CEO faces uphill task to gain investor confidence

Target's appointment of company veteran Michael Fiddelke as CEO did little to enthuse Wall Street analysts as they were pinning their hopes on an outsider to put the struggling retailer back on track.