Target Corp.’s new CEO, Michael Fiddelke, acknowledged in his first town hall that the big-box retailer has lost trust with shoppers and employees and pledged to rebuild that connection. “We weren’t ...

Michael Fiddelke, CEO of Target, sits down with CNBC's Sara Eisen to discuss the company's turnaround strategy, competition in retail, and more.

Target faces challenges to reinvigorate business strategy and performance. The bull’s-eye retailer’s well-publicized tribulations include plateaued sales since 2022 and shares down 60% from their 2021 ...

Analysts voiced skepticism over Target's choice of a two-decade company veteran as its next chief executive, warning that his appointment signals continuity rather than the sweeping changes the ...