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Shares in Target ( TGT) fell more than 6% on Wednesday, after the US retailer announced that chief operating officer Michael Fiddelke will become the company's new CEO. Fiddelke is set to take over ...
Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.
Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...
It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...
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New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says
Target CEO Brian Cornell is stepping down, and Michael Fiddelke, chief operating officer (COO), will become chief executive ...
But afterward, some analysts weren't sure that would be enough.
Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1. The board of directors chose Chief Operating Officer Michael Fiddelke, a 20-year ...
Target's board unanimously appointed Michael Fiddelke to replace current CEO Brian Cornell, who has led the company since ...
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...
Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.
NEW YORK (AP) — Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its ...
The chief executives of the biggest publicly traded food retailers in the U.S. all earned multimillion-dollar compensation ...
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