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The Latest Breaking News from Michael Fiddelke

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.

Benzinga

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.

International Business Times

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

The Independent UK

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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

The Independent UK

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.

Barchart

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.

MarketBeat

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

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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

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?

Barchart

Target Announces New CEO, Why Analysts Are Bullish About The Change

Target Corp (NYSE:TGT) shares are down trading on Thursday, after the company on Tuesday reported its second-quarter results.

Benzinga

These Analysts Revise Their Forecasts On Target After Q2 Earnings

Target Corporation (NYSE:TGT) posted upbeat second-quarter earnings on Wednesday.

Benzinga

Target's New CEO Started As An Intern: A Look At The 22-Year Journey And His Plans For The Retailer

Target Corporation (NYSE:TGT) announced second-quarter financial results as well as the appointment of a new chief executive officer.

Benzinga

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

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International Business Times UK

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.

Kiplinger

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.

Barchart

Should You Buy the Post-Earnings Dip in Target Stock?

Target stock tanks as the retail behemoth offers muted full-year guidance and names an insider its next chief executive. UBS analyst says TGT shares lack a near-term catalyst.

MarketBeat

Target: Missing the Mark in 2025—Downtrend May Continue

Target missed the mark in Q2, failing to spark a rebound in market sentiment with its results, leaving it on track to hit new lows in the back half of 2025.

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Fortune

Target's incoming CEO started as an intern at the $44 billion retail giant 20 years ago—he advises Gen Z who want to copy him to 'embrace feedback'

What started as a summer placement in Target’s finance department two decades ago has turned into the top job for Michael Fiddelke. His advice for Gen Z interns? "Slow down and ask questions. Embrace feedback."

Fortune

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.

Benzinga

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.

International Business Times UK

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.

The Independent 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

Fortune

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

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

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.

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