Target, Brian Cornell and and Fiddelke
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Target CEO Brian Cornell resigns amid declining sales; COO to take over. Pastor Jamal Bryant, who led a boycott over Target’s DEI cuts, calls the move "smoke and mirrors." Bryant says he is open to meeting with the retailer’s new leadership.
The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to others.
El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las
Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for Target to get its charm back
US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price. The leadership change comes as rising prices and uncertainty over the knock-on effects of US tariffs have raised concerns over the impact on consumer spending,
Wall Street continues to drift Wednesday while news of a leadership change at Target took some of the spotlight away from the latest batch of corporate earnings reports.