Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.

Comparable sales fell 1.9% as store traffic and transaction size both declined. Margins were pressured by higher markdowns ...

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 ...

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival ...

Target announced Wednesday that its CEO, Brian Cornell, will be stepping down from his role early next year. The news comes ...

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

The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break ...

Cornell helped engineer a turnaround at Target, but it’s been a rocky few years for the retailer. Incoming Target CEO Michael ...

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

Target decided to promote from within its ranks, naming Michael Fiddelke, the current chief operating officer, as its next boss. The stock lost ten percent after the announcement, as Target reported ...

To overcome the company’s challenges, including lost market share to rivals, DEI missteps, and loss of momentum after COVID, ...