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Big box retailer Target names new CEO as business struggles | Retail News

20 August 2025
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Big box retailer Target names new CEO as business struggles | Retail News
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Target has appointed Michael Fiddelke as CEO, effective February 1, 2026, as the retailer seeks to recover from declining sales and stock performance; he aims to prioritize merchandise quality, shopper experience, and technology integration. Despite Fiddelke’s internal promotion, analysts express skepticism about its effectiveness in addressing longstanding issues and suggest that external leadership might have been a better choice.

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Tags: BigboxBusinessBusiness and EconomyCEOEconomyInflationInternational tradenamesNewsRetailretailerstrugglestargetTrade WarUnited StatesUS & Canada
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