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Target’s CEO is stepping down

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

Newsweek on MSN · 15h

What is new Target CEO's view on DEI? What we know

Target's new CEO, Michael Fiddelke, has not discussed DEI directly, prioritizing retail logistics over cultural messaging.

ABC News on MSN · 2d

Target CEO to step down as sales remain sluggish

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant, the company said on Wednesday. In recent years, Target has suffered sluggish sales as the company weathered consumer boycotts over its Pride collection and a rollback of its diversity, equity and inclusion policies.

Target, Walmart

CNN on MSN · 19h

How Target lost to Walmart in the online shopping wars

Between the pandemic upending shopping habits five years ago and the economy causing consumers to tighten their purse strings in 2025, it’s been a tumultuous half decade for retailers.

MarketWatch on MSN · 18h

Target is getting crushed by Walmart. Here are the reasons why.

As of Thursday’s close, shares of Walmart were up 114% over the past three years, while those of Target have slid 42%. Following their most recent quarterly earnings this week, analysts pointed to a variety of reasons for that gulf — from the practical and financial to the existential.

The Associated Press on MSN · 1d

Tariffs aren't keeping Walmart from attracting shoppers and outpacing Target

Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.

Malik Beasley no longer target of gambling probe

The Associated Press- Sports o… · 12h

NBA player Malik Beasley is no longer a target in federal gambling probe, according to report

Federal investigators no longer consider NBA free agent Malik Beasley a target in their gambling probe, Beasley's attorneys told ESPN. Attorneys Steve Haney and Mike Schachter said they've had what the report called “extensive” conversations and meetings with Eastern District of New York authorities.

USA Today · 16h

Malik Beasley no longer target of federal gambling investigation, lawyers say

Malik Beasley is no longer a target of the federal gambling investigation, the NBA free agent's attorneys told ESPN.

Reuters · 14h

Attorneys: Malik Beasley no longer target of federal gambling probe

NBA free-agent guard Malik Beasley no longer is the target of a federal gambling investigation, his attorneys told ESPN on Friday.

Chicago, NY Next Cities To Be Targeted In Crime Crackdown

U.S. News & World Report · 10h

'Stay Out of Our City': Chicago Officials Slam Trump’s Threat to Target City in Next Crime Crackdown

President Donald Trump says Chicago will likely be the next target of his efforts to address crime, homelessness and illegal immigration

Time on MSN · 8h

Trump Says Chicago Is Next in His Crackdown on Crime

Chicago is very dangerous,” Trump said. “I hate to see what has happened to Chicago.” Trump has railed against crime in Chicago for years, calling the city “a shooting

CBS News · 8h

Trump says Chicago might be next target for federal crime crackdown

President Trump singled out Chicago again on Friday, saying the city likely will be his next target for a crackdown on crime, after he deployed nearly 2,000 National Guard members in Washington D.C.

1don MSN

Target’s in a brand identity crisis. It’s not alone

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

As Target Names New CEO, Stock Tumbles 10% As DEI Hit And Tariffs Drag On Sales

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their ...

12h

‘They don’t remember who they are anymore’: Here’s why Target is falling behind Walmart

Rivals Target and Walmart have long been considered polar opposites. The biggest difference lately, though, is financial ...

2don MSN

The next Target CEO knows the retailer needs to do better. Here's his 3-part plan to get it back on track.

Incoming Target CEO Michael Fiddelke has been leading the retailer's acceleration effort to combat falling sales. He laid out ...

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...

10hon MSN

What did earnings from Walmart, Target reveal about tariff-driven price hikes?

In May, McMillon warned of tariff-driven price hikes for a wide range of goods that includes food, toys and electronics.

2don MSN

Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, ...

I've Shopped at Target for 20+ Years, and These Are the Fall Décor Finds That Instantly Made My Home Cozier — Starting at $6

I’m a longtime Target shopper, and I found cozy fall home décor for under $30, including wood candlesticks, framed art, and ...

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