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The Latest Breaking News from Brian Cornell

Walmart and Target are both getting new CEOs—one succession plan has gone smoother than the other

Also: All the news and watercooler chat from Fortune.

Fortune

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

Both companies have new incoming CEOs, but Walmart’s appointment has been better received by Wall Street.

Fortune

Despite some initial skepticism, could Target’s turnaround be right on target?

Is Target on target? Our Yale Chief Executive Leadership Institute analysis of Fortune 500 CEO successions suggests an internal candidate has strong odds.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Target spotlights support for Black founders after DEI backlash

The RICE partnership takes center stage following a DEI pullback, declining sales, and CEO transition

Fortune

Target to slash 1,000 jobs as retailer deals with stagnant sales: ‘It will be difficult’

The job cuts will affect 8 percent of approximately 22,000 corporate employees as the retailer looks to reverse stagnant sales

The Independent UK

Dividend Growth Continues as 3 Big Stocks Raise Payouts

Dividends are on the rise at three of the biggest names in the market: Texas Instruments, T-Mobile, and Target. See how high their yields now stretch.

MarketBeat

‘Tyler Perry said something to me I’ll never forget’: Big Dave’s Cheesesteaks CEO learned a big lesson on when ‘to leave them in the sand’

Millennial entrepreneur Derrick Hayes told Fortune that he sticks to his business ambitions, echoing the likes of the CEOs at Perplexity, Target, and Workday.

Fortune

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Pro-DEI organizers fired up to maintain Target boycott as promises go unfulfilled

When Target announced its current chief executive officer was stepping down, organizers of a months-long consumer boycott took it as a hopeful sign and stressed that their actions will continue as long as promises go unfulfilled

The Independent UK

These Analysts Revise Their Forecasts On Target After Q2 Earnings

Target Corporation (NYSE:TGT) posted upbeat second-quarter earnings on Wednesday.

Benzinga

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Michael Fiddelke will become chief executive on Feb. 1, 2026.

Fortune

How Target let Walmart steal its rizz

Also: All the news and watercooler chat from Fortune.

Fortune

Target CEO Stepping Down: Where Did It All Go Wrong And Can Michael Fiddelke Save the Brand?

Target CEO Brian Cornell steps down in 2026 as sales slump and DEI backlash grow. Michael Fiddelke named successor amid investor concerns.

International Business Times UK

Tech Sells Off While Trump Stirs the Fed: Stock Market Today

We've reached another important part of earnings season, though markets remain captivated by the president, the Fed, and interest rate policy.

Kiplinger

Target boss out after 11 years — proof that missing DEI is bad for business

Another "vibe shift" might be upon us.

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Fortune

Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

New CEO Michael Fiddelke faces a major cleanup—and fierce competition.

The Guardian - US

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

Brian Cornell to be replaced next year as retailer navigates boycott over its scaling back of DEI initiatives

Benzinga

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday.

International Business Times UK

Who is Michael Fiddelke? Target Promotes Intern-Turned-Executive To CEO After 20 Years

Michael Fiddelke, Target's COO and longtime executive, has been named CEO after two decades at the retailer. He succeeds Brian Cornell as the company tackles falling sales, weaker traffic and increasing competition.

Get all your
news in one place.

100’s of premium titles.
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The Independent UK

Target appoints lifelong employee as new CEO in effort to halt sliding sales

Michael Fiddelke is set to take the reins from Brian Cornell as chief executive in February

Barchart

Dear Target Stock Fans, Mark Your Calendars for August 20

With consumer confidence continuing to slide, here’s what investors need to know as Target prepares to report second-quarter earnings on Aug. 20.

Fortune

Target’s CEO succession tilts toward an insider and company lifer

Target appears to have its next CEO waiting in the wings.

The Independent UK

Shoppers were already leaving Target behind - now half employees say they have little faith in store

For over two years, Target’s sales have been either flat or falling

The Independent UK

Once-loyal Target shoppers are finding alternatives after boycotts. Can the retail giant win them back?

Target has recorded stagnated sales and stock value for the last few years and struggled to win customers back after a series of controversies

Kiplinger

Target's Price-Matching Policy is Changing. Here's How

Target's price-matching policies will soon change. See how they might affect your savings on purchases.

MarketBeat

3 Retail Stocks to Watch as Back-to-School Spending Ramps Up

Back-to-school season is getting underway, which could boost several retail stocks as parents spend more and investors eye retail winners

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