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When Target announced that COO Michael Fiddelke will replace CEO Brian Cornell, stock prices plummeted. Wall Street is wrong.
In the latter half of 2022, even as a spike in prices spurred a consumer exodus toward essentials, shares of big-box chains ...
A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly evolved and redefined the competitive landscape,” according to one analyst.
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 ...
Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive ...