Target named Michael Fiddelke as its new CEO, and TJX raised its profit outlook as shoppers leaned toward discount retailers. Estée Lauder issued weak guidance tied to tariff costs, while Lowe’s ...

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...

Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.

NEW YORK (AP) — Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its ...

(Bloomberg) -- Target Corp.’s incoming Chief Executive Officer Michael Fiddelke said the big-box retailer is facing adversity ...

Fiddelke told reporters he’s “stepping in with urgency to rebuild momentum and return to profitable growth.” He added, “We’ve built a solid foundation, and we’re proud of the many ways that Target is ...

Target CEO Brian Cornell resigns after 11 years. Michael Fiddelke, 20, appointed new CEO amid sales decline and reputation challenges.

(Reuters) -Target needs a hard reset on strategy, Wall Street believes. Fiddelke, a company veteran of more than two decades who recently led an effort to remove complexity and expand the use of ...