Target shareholders just made a major decision about the company’s future. Not everyone thinks it’s a good idea

The retailer is currently trying to stage a massive turnaround. A recent decision may make that even more difficult.
Retail Dive

Target’s Brian Cornell to remain executive chairman after proposal rejected

Shareholders did not approve a policy suggestion making the board chair an independent director, despite pushback on ...

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Michael Fiddelke will become chief executive on Feb. 1, 2026.
Virginia Business

Target taps longtime executive as new CEO amid sales slump

NEW YORK (AP) — Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart. The Minneapolis-based retailer said Wednesday that Chief Operating ...