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Target, Wall Street and CEO

New York Post on MSN · 1h

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target and ex-CEO of Toys R Us, told The Post. “The sales are negative and they are bleeding market share.” Target did not immediately respond to The Post’s request for comment.

Fortune on MSN · 5h

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

The news the retail industry has been anticipating for months was finally announced on Wednesday: Target CEO Brian Cornell is finally stepping down after 11 years at the helm and will be replaced by his operations chief Michael Fiddelke in February.

Chicago Tribune · 6h

Wall Street drifts in premarket trading while Target tumbles on sluggish sales and a CEO change

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.

Target CEO Brian Cornell steps down

The Associated Press on MSN · 1h

Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

USA TODAY on MSN · 8h

Target CEO Brian Cornell to step down after 10 years, new CEO named

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014,

U.S. News & World Report · 9h

Target's COO Will Lead the Struggling Retailer When CEO Brian Cornell Steps Down in February

Cornell will transition to be executive chair of the board. Cornell, 66, took the helm at Target in August 2014. In September 2022, the board extended his contract for three more years and eliminated a policy requiring its chief executives to retire at age 65.

4h

Target's Q2 Struggles Highlight Amazon, Walmart Competition

Target stock falls after reporting Q2 results. Analysts maintain mixed ratings, note CEO departure and future plans.

42m

Dow flips higher in choppy trading with help from Travelers, Walmart

The Dow Jones Industrial Average was back in the green again following choppy trading on Wednesday, with shares of Travelers ...

2hon MSN

Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

Target CEO Brian Cornell is resigning from his post after 11 years following the store's struggling sales and DEI rollback.

2d

Retail Earnings On Deck This Week: Home Depot, Walmart, Target

Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending ...

7h

Target will have a new CEO for the first time since 2014

Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.

1don MSN

Target customers may soon flee to Walmart due to alarming change

According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, ...

12h

Retail Earnings Still on Deck This Week: Target, Lowe’s, Walmart

Several big-box U.S. retailers are reporting second-quarter earnings this week, offering a glimpse into the spending habits ...

3hon MSN

Walmart Stock, Not Target, Could Drive Consumer Staples’ Momentum

In 2025, Walmart has been a clear outperformer, up 12%, while Target has slumped 22%. Technicians tend not to believe too ...

2don MSN

Target visits keep falling in 2025 while Walmart traffic grows

While Target has seen a steady decline in same-store visits for roughly the past 18 months, Walmart has made gains in that ...

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