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The Latest Breaking News from Michael Fiddelke

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

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.

Barchart

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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.

MarketBeat

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.

Fortune

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

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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

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

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

Fortune

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.

MarketBeat

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.

Fortune

Why Target poached a top PepsiCo exec to be its new CFO

The retail company's new finance chief Jim Lee is leaving PepsiCo after more than 25 years.

Fortune

Target's CFO and COO keen to wear just one hat as search for new finance chief continues

Michael Fiddelke, CFO since 2019, became chief operating officer in February.

Fortune

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International Business Times

Target Won't Accept Personal Checks At Checkout Counters Starting July 15

Target explained that the decision is part of its commitment to ensuring a smooth and efficient checkout experience.

Daily Mirror

Walmart shopper busted using pocket trick to steal at self-checkout

41-year-old Leah Renee Dufour was arrested and charged with burglary after allegedly shoplifting and trying to run away from police at a Walmart in Chubbuck, Idaho

Tribune News Service

Target will slash prices, warns profit will shrink this summer

MINNEAPOLIS — Target Corp. will cut prices, cancel orders and take other steps to cut its bloated inventory, moves that will lower its profit in the current quarter more than executives thought just three weeks ago.

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