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Target CEO Brian Cornell is stepping down next year after over a decade at the helm as the embattled retailer undertakes a high-stakes turnaround effort aimed at reigniting growth and reversing sliding sales. The Minneapolis-based company’s board of directors unanimously elected Michael Fiddelke, the company’s current chief operating officer, to succeed Cornell and become a […]
People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim | Anadolu | Getty Images Target CEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer faces calls for a boycott and a slowdown in foot traffic that […]
Target CEO Brian Cornell is set to meet civil rights leader Rev. Al Sharpton this week in New York amid criticism over the retailer’s rollback of diversity, equity, and inclusion (DEI) programs. The meeting, which was initiated by Target, follows recent decisions by the retailer to scale back DEI initiatives — a move that prompted […]
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect Tuesday. Cornell said Target relies heavily on […]
