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The Guardian - US
The Guardian - US
Business
Adam Gabbatt and agencies

Target CEO steps down as company faces weak sales and customer boycott

Target Brian Cornell United States
a man speaking
Brian Cornell speaking at The Ultimate Disney Fan Event on 25 August 2019. Photograph: Image Group LA/The Walt Disney Company/Getty Images

$The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives.

Brian Cornell will be replaced next year by Michael Fiddelke, Target’s chief operating officer, the company said on Wednesday.

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