Target Stock Sinks as Retailer Replaces CEO With Company Veteran
Wednesday, 20 August 2025 ()
In this article: Key Takeaways - Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged. - Fiddelke was instrumental in the struggling retailer's efforts to reshape how it operates. - Target reported better-than-expected revenue andβ¦
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