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The Latest Breaking News from Michael Fiddelke

Target Offers Discounts Across 3,000 Products as Cost of Living Concerns Grow

Target cuts prices on over 3,000 items this spring to help families save amid rising living costs.

International Business Times

Target boycott over DEI practices is not over, activists say, despite protest leader’s claim

Big box retailer opposed by demonstrators over move to end diversity hiring initiative – but future of movement now unclear given disagreement among leadership

The Independent UK

Target Boycott 'Victory' Called Sham by Minneapolis Activists — Real Protest Is Just Beginning

Minneapolis activists contest Rev. Jamal Bryant's claim of victory in the Target boycott over diversity policies, demanding reforms amid ongoing tensions in Black economic activism.

International Business Times UK

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New Target CEO Michael Fiddelke is putting candor at the core of his turnaround plan

Also: All the news and watercooler chat from Fortune.

Fortune

Target’s new CEO lays out a $5 billion plan to revive ‘Tarzhay’

Michael Fiddelke, who took the top job Feb. 1, admits the retailer lost its way and promises a reset.

Fortune

Target’s new CEO wants his staff to travel more. Here’s why

IN FULL

The Independent UK

Target’s new CEO details his turnaround plan to make retail giant ‘fun’ again

Target has taken heat for pulling back on DEI programs and not taking a public stand against ICE crackdowns in Minneapolis

The Independent UK

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Dow Cuts 1,277-Point Drop as Trump Tames Energy Threat: Stock Market Today

Tuesday's price action was volatile as market participants reacted to the escalating conflict between the U.S. and Iran.

Kiplinger

Target see sales slide again as iconic retailer’s struggles continue

Target’s performance underscores the challenges faced by new CEO Michael Fiddelke

The Independent UK

Target employees’ wages stall as new CEO axes hundreds of jobs across the company: report

Target, with nearly 2,000 U.S. stores, has struggled to compete with Walmart and Amazon, posting 12 straight quarters of weak or declining sales

The Independent UK

Did Target’s CEO miss the mark by ignoring Minnesota?

Also: All the news and watercooler chat from Fortune.

Fortune

Target’s new CEO isn’t acknowledging the anti-ICE protests

Pressure is mounting on the brand-new CEO to speak out against ICE.

Fortune

Will corporate America finally stand up to the Trump administration?

The brutal handling of immigration raids and the killing of Alex Pretti have tested the reticence of the corporate class

The Guardian - US

Full List of 60+ Minnesota CEOs Who Finally Spoke Out on Violence — Target, 3M, Best Buy Included

Minnesota's corporate establishment breaks silence with an unprecedented joint letter as a lawsuit reveals businesses face sales drops of up to 80% amid ongoing unrest.

International Business Times UK

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Fortune

Target’s incoming CEO breaks silence on Minneapolis violence near HQ—read his full statement

After weeks of protests urging Target to take a stand against Immigration and Customs Enforcement, Michael Fiddelke sent a video message to employees.

MarketBeat

Bullseye Bounce: Toms Capital Takes a Stake in Target

The entry of activist investor Toms Capital, coupled with a discounted valuation, signals strong potential for a turnaround for the retailer in the coming year.

The Independent UK

Target reveals the most popular holiday cookie in each state

This holiday season, one cookie tops the list in 38 states

The Independent UK

Target expanding delivery service as Christmas approaches

The delivery service is offered in 35 major US metropolitan areas

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news in one place.

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One news app.

MarketBeat

5 Retail Stocks That Could Deck the Halls—or Wreck Portfolios

AEO, WMT, TJX, M, and TGT each offer distinct setups heading into the holiday season, with a mix of strength, turnaround potential, and value worth watching.

Fortune

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.

The Independent UK

Target announces billion-dollar plans to revamp stores and app as profits continue to slide

Target executives say the extra spending is needed after 12 straight quarters of weak or declining sales

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.

International Business Times UK

Target Layoffs 2025: Retailer to Cut 1,800 Corporate Jobs as Sales Growth Stalls

Target is cutting 1,800 corporate roles, its first major layoffs in a decade, as stagnant sales and a leadership change push the retailer to restructure.

Benzinga

Target To Slash 1,800 Jobs In Major Shake-Up, Reports Say

Target Corporation (NYSE:TGT) plans to cut around 1,800 corporate roles as the retailer looks to get back to growth, according to several media reports citing an internal memo sent on Thursday.

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