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The Latest Breaking News from Michael Fiddelke

Target employees’ wages stall as new CEO axes hundreds of jobs across the company: report

Target, with nearly 2,000 U.S. stores, has struggled to compete with Walmart and Amazon, posting 12 straight quarters of weak or declining sales

The Independent UK

Did Target’s CEO miss the mark by ignoring Minnesota?

Also: All the news and watercooler chat from Fortune.

Fortune

Target’s new CEO isn’t acknowledging the anti-ICE protests

Pressure is mounting on the brand-new CEO to speak out against ICE.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Will corporate America finally stand up to the Trump administration?

The brutal handling of immigration raids and the killing of Alex Pretti have tested the reticence of the corporate class

The Guardian - US

Full List of 60+ Minnesota CEOs Who Finally Spoke Out on Violence — Target, 3M, Best Buy Included

Minnesota's corporate establishment breaks silence with an unprecedented joint letter as a lawsuit reveals businesses face sales drops of up to 80% amid ongoing unrest.

International Business Times UK

Target’s incoming CEO breaks silence on Minneapolis violence near HQ—read his full statement

After weeks of protests urging Target to take a stand against Immigration and Customs Enforcement, Michael Fiddelke sent a video message to employees.

Fortune

Bullseye Bounce: Toms Capital Takes a Stake in Target

The entry of activist investor Toms Capital, coupled with a discounted valuation, signals strong potential for a turnaround for the retailer in the coming year.

MarketBeat

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Target reveals the most popular holiday cookie in each state

This holiday season, one cookie tops the list in 38 states

The Independent UK

Target expanding delivery service as Christmas approaches

The delivery service is offered in 35 major US metropolitan areas

The Independent UK

5 Retail Stocks That Could Deck the Halls—or Wreck Portfolios

AEO, WMT, TJX, M, and TGT each offer distinct setups heading into the holiday season, with a mix of strength, turnaround potential, and value worth watching.

MarketBeat

Walmart and Target are both getting new CEOs—one succession plan has gone smoother than the other

Also: All the news and watercooler chat from Fortune.

Fortune

Target announces billion-dollar plans to revamp stores and app as profits continue to slide

Target executives say the extra spending is needed after 12 straight quarters of weak or declining sales

The Independent UK

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

Both companies have new incoming CEOs, but Walmart’s appointment has been better received by Wall Street.

Fortune

Despite some initial skepticism, could Target’s turnaround be right on target?

Is Target on target? Our Yale Chief Executive Leadership Institute analysis of Fortune 500 CEO successions suggests an internal candidate has strong odds.

Fortune

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International Business Times UK

Target Layoffs 2025: Retailer to Cut 1,800 Corporate Jobs as Sales Growth Stalls

Target is cutting 1,800 corporate roles, its first major layoffs in a decade, as stagnant sales and a leadership change push the retailer to restructure.

Benzinga

Target To Slash 1,800 Jobs In Major Shake-Up, Reports Say

Target Corporation (NYSE:TGT) plans to cut around 1,800 corporate roles as the retailer looks to get back to growth, according to several media reports citing an internal memo sent on Thursday.

International Business Times

Target Slashes 1,800 Corporate Jobs in Effort to Reverse Years of Sluggish Sales

Target cuts 1,800 corporate jobs to streamline operations and boost sluggish sales.

The Independent UK

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost lustre

Target is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Target to slash 1,000 jobs as retailer deals with stagnant sales: ‘It will be difficult’

The job cuts will affect 8 percent of approximately 22,000 corporate employees as the retailer looks to reverse stagnant sales

Barchart

Is Target Stock Going Private? 1 Analyst Thinks the Answer Could Be ‘Yes.’

Analysts at D.A. Davidson named Target a potential leveraged buyout candidate, suggesting a $108 per-share takeout requiring roughly $37 billion in debt and $12 billion in equity, which would make it one of the largest private equity deals ever.

MarketBeat

Dividend Growth Continues as 3 Big Stocks Raise Payouts

Dividends are on the rise at three of the biggest names in the market: Texas Instruments, T-Mobile, and Target. See how high their yields now stretch.

The Independent UK

Target expands next-day delivery service to better compete with rivals including Amazon

The retailer announced it’s expanding next-day deliveries to 35 metro areas by the end of October

The Independent UK

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

Barchart

Walmart vs. Target: Which Retail Giant Is the Better Buy for 2025?

One stock offers a great combination of growth, value, and income.

Barchart

Is Target Stock a Buy, Sell, or Hold After Appointing a New Insider CEO?

Target’s insider CEO pick has rattled investors, causing a sharp post-announcement selloff. Should you buy, sell, or hold TGT stock?

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