NYSE:TGTConsumer Retailing
Will Target’s (TGT) New CEO Drive a Shift in Competitive Strategy or Stay the Course?
On August 20, 2025, Target Corporation reported second quarter results showing year-over-year declines in net income and sales, maintained its earnings guidance for the year, and announced longtime executive Michael Fiddelke will become CEO, with Brian Cornell transitioning to executive chair in February 2026.
The leadership transition occurs as Target continues to face market share pressures and evolving consumer preferences, with the company reaffirming a cautious sales outlook amid...