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The Latest Breaking News from Brian Cornell

Pro-DEI organizers fired up to maintain Target boycott as promises go unfulfilled

When Target announced its current chief executive officer was stepping down, organizers of a months-long consumer boycott took it as a hopeful sign and stressed that their actions will continue as long as promises go unfulfilled

The Independent UK

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Michael Fiddelke will become chief executive on Feb. 1, 2026.

Fortune

How Target let Walmart steal its rizz

Also: All the news and watercooler chat from Fortune.

Fortune

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Target CEO Stepping Down: Where Did It All Go Wrong And Can Michael Fiddelke Save the Brand?

Target CEO Brian Cornell steps down in 2026 as sales slump and DEI backlash grow. Michael Fiddelke named successor amid investor concerns.

International Business Times UK

Tech Sells Off While Trump Stirs the Fed: Stock Market Today

We've reached another important part of earnings season, though markets remain captivated by the president, the Fed, and interest rate policy.

Kiplinger

Target boss out after 11 years — proof that missing DEI is bad for business

Another "vibe shift" might be upon us.

We Got This Covered

Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

New CEO Michael Fiddelke faces a major cleanup—and fierce competition.

Fortune

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Target CEO steps down as company faces weak sales and customer boycott

Brian Cornell to be replaced next year as retailer navigates boycott over its scaling back of DEI initiatives

The Guardian - US

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday.

Benzinga

Who is Michael Fiddelke? Target Promotes Intern-Turned-Executive To CEO After 20 Years

Michael Fiddelke, Target's COO and longtime executive, has been named CEO after two decades at the retailer. He succeeds Brian Cornell as the company tackles falling sales, weaker traffic and increasing competition.

International Business Times UK

Target appoints lifelong employee as new CEO in effort to halt sliding sales

Michael Fiddelke is set to take the reins from Brian Cornell as chief executive in February

The Independent UK

Dear Target Stock Fans, Mark Your Calendars for August 20

With consumer confidence continuing to slide, here’s what investors need to know as Target prepares to report second-quarter earnings on Aug. 20.

Barchart

Target’s CEO succession tilts toward an insider and company lifer

Target appears to have its next CEO waiting in the wings.

Fortune

Shoppers were already leaving Target behind - now half employees say they have little faith in store

For over two years, Target’s sales have been either flat or falling

The Independent UK

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The Independent UK

Once-loyal Target shoppers are finding alternatives after boycotts. Can the retail giant win them back?

Target has recorded stagnated sales and stock value for the last few years and struggled to win customers back after a series of controversies

Kiplinger

Target's Price-Matching Policy is Changing. Here's How

Target's price-matching policies will soon change. See how they might affect your savings on purchases.

MarketBeat

3 Retail Stocks to Watch as Back-to-School Spending Ramps Up

Back-to-school season is getting underway, which could boost several retail stocks as parents spend more and investors eye retail winners

International Business Times UK

Target's New Shipping Strategy Could Slash Prices and Win Back Budget Shoppers from Temu and Shein

The big-box retailer aims to roll out a service similar to those offered by other established e-commerce firms.

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news in one place.

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The Guardian - US

‘Stay below the radar’: corporate America goes quiet after Trump’s return

Some of the world’s most powerful firms have quietly toed the line set by the administration to avoid the president’s wrath

The Guardian - US

Pastor Jamal Harrison Bryant on Target boycott ‘victory’ and the Black dollar’s power: ‘They’ve awakened a sleeping giant’

The Georgia megachurch leader called for a #TargetFast over its DEI rollback. Now Dollar General is next, he says, as consumers mobilize against Trump’s policies

Kiplinger

Trump Tariffs: Will Walmart, Target and Nike Still Raise Prices in 2025?

Walmart and other major U.S. retailers were bracing for price hikes due to steep tariffs, but now that could change.

MarketBeat

Target's Big Bet: Is It a Cheap Stock or a Value Trap?

Target's stock valuation is under scrutiny after a sales dip, but new strategic initiatives aim to accelerate growth and enhance operational efficiency.

Fortune

Target’s leadership shuffle: Can a new strategy reverse sales slump and DEI backlash?

Michael Fiddelke, chief operating officer, is tasked with leading a new effort to accelerate growth.

Kiplinger

Stock Market Today: Dow Falls 817 Points as Bond Yields Rise

Financial markets are once again focused on Washington, D.C., but taxes, not tariffs, are driving recent price action.

Al Jazeera

Target cuts annual forecast as tariffs, boycotts weigh on sales

Unlike Walmart, Target is more heavily reliant on China for goods, and tariffs on its goods are driving earnings down.

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