US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price.

The CEO of Target will be leaving the job after 11 years and months of slowing sales as the company reversed course on DEI ...

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target ...

Better-than-feared earnings weren't enough to offset pessimism over CEO Brian Cornell's retirement and replacement with an insider.

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the ...

Target’s quarterly sales in 2023 fell for the first time in six years as consumers pulled back on discretionary goods and fierce right-wing backlash to Target’s Pride Month collection took a toll.

Target CEO Brian Cornell is resigning from his post after 11 years following the store's struggling sales and DEI rollback.

Cornell replaced former CEO Gregg Steinhafel, who stepped down nearly five months after Target disclosed a huge data breach ...

Nvidia, whose chips are powering much of the world’s move into AI, dropped 1.3% and was on track to be the heaviest weight on ...

Companies like Nike and Target are helmed by veterans who got their start at the companies decades ago.

Longtime Target leader Brian Cornell exits as CEO; Michael Fiddelke steps in with a turnaround strategy to revive sales and ...