Target's new CEO takes over amid slumping sales, unrest in Minneapolis [FOX Business Network]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: FOX Business Network
task of turning around the retailer that has suffered a prolonged period of declining sales and now faces ongoing unrest in its home city of Minneapolis. Target announced in August that Fiddelke, then-chief operating officer and 20-year Target veteran, would succeed Brian Cornell in leading the embattled retailer. Cornell had been at the helm for over a decade. In 2022, he made a three-year commitment to remain CEO. That year, Target's board scrapped its mandatory retirement age of 65, allowing him to stay on during a pivotal period for the company as it worked to revive traffic and growth. However, the company's headwinds persisted, with Target reporting back-to-back quarters of continued sales declines. Under his leadership, Fiddelke plans to improve the company's merchandising, and enhance its digital capabilities and technology to drive growth and revive sales. In a Monday memo to employees, Fiddelke outlined some of his first priorities, including sharpening Target's me
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News
- Target CEO Shift And Board Refresh Put Store Turnaround In Focus [Yahoo! Finance]Yahoo! Finance
- History of Target: Company timeline and facts [Yahoo! Finance]Yahoo! Finance
- Target Expands Beauty Assortment As Store Experience And Leadership Evolve [Yahoo! Finance]Yahoo! Finance
- Wolfe Research Upgrades Target (TGT) Ahead of March Investor Day [Yahoo! Finance]Yahoo! Finance
- Target: Best Thing To Do Now Is Do Nothing At All [Seeking Alpha]Seeking Alpha
TGT
Earnings
- 11/19/25 - Beat
TGT
Sec Filings
- 1/22/26 - Form 8-K
- 11/26/25 - Form 10-Q
- 11/19/25 - Form 8-K
- TGT's page on the SEC website