Target, meanwhile, tumbled 6.3%. The struggling retailer said that CEO Brian Cornell plans to step down Feb. 1 and that an insider, 20-year veteran Michael Fiddelke, will replace him. He helped ...

The board of directors chose Chief Operating Officer Michael Fiddelke, a 20-year Target veteran, to succeed him. Target, which has about 1,980 U.S. stores, has struggled to find its footing since ...

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.

Target CEO Brian Cornell plans to step down Feb. 1. He helped reenergize the company but has struggled to turn around weak ...

U.S. stock indexes ended mixed on Wednesday after Nvidia, Palantir and other superstar stocks pared most of their steep ...

Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat Rhode Island assistant attorney general to cops ...

Target CEO Brian Cornell is stepping down after 11 years at the helm, following a period of declining sales and controversy ...

Before that, Sarina reported and edited for the business and real estate sections of amNewYork. Mario Tama / Getty Images Michael Fiddelke is slated to become Target's CEO in February, disappointing ...

Brian Cornell is stepping down from his role as CEO of Target as the beleaguered retailer struggles with declining sales, new costs from tariffs, and backlash over its reversal on DEI policies -- a ...

“This decline is entirely self-inflicted,” writes Neil Saunders, managing director of GlobalData, a market research company. “Target, which used to be very attuned to consumer demand, has lost its ...