Target has named an insider as its next chief executive officer. The announced on Wednesday comes as the discount retailer ...

Target CEO Brian Cornell steps down in 2026 as sales slump and DEI backlash grow. Michael Fiddelke named successor amid ...

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.

But Target has been in a deep slump for years, mostly due to its own strategic missteps. The company has quickly fallen behind rivals like Walmart, Amazon and Costco. Here’s how Target reached new ...