Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing ...

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

Walmart is reporting higher profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials.

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

Target CEO Brian Cornell is stepping down, and Michael Fiddelke, chief operating officer (COO), will become chief executive ...

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to ...

By Siddharth Cavale, Juveria Tabassum and Sayantani Ghosh (Reuters) -Target needs a hard reset on strategy, Wall Street ...

Shares for the Minneapolis-headquartered company dropped more than 10 percent after Target made the announcement.

Incoming Target CEO Michael Fiddelke has been leading the retailer's acceleration effort to combat falling sales. He laid out ...

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant ...

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, ...

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...