News

Baking Business1h

Target Q2 performance reflects challenges ahead for next CEO

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
AOL9h

Analysis-Target's new CEO pick raises doubts about its much-needed brand reboot

(Reuters) -Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the ...

Target might be having an ‘identity crisis,’ but some analysts are still standing by the stock

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.

Target’s incoming CEO has a heavy lift, as a promised turnaround is not yet close

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

Iowa native set to become Target CEO as company faces financial struggles

Fiddelke, an Iowa native and University of Iowa graduate, has been with Target since 2003, starting as an intern. Investors ...

Target needs 'dramatic' change, new CEO may be more of the same

Target (TGT) stock is sinking after the company announced that COO Michael Fiddelke will succeed current CEO Brian Cornell.

Target Bets a Lifelong Employee Can Steer Its Turnaround

Chief Operating Officer Michael Fiddelke, who will take the top job in February, said the retailer needs to revive its focus ...

Target shares drop as retailer picks insider to lead turnaround drive

Target shares fell more than 6 per cent after the retail group picked an insider to succeed veteran chief executive Brian Cornell to engineer a turnaround after years of disappointing sales. Michael ...