Major Retailer’s CEO Resigns Amid Falling Sales, DEI Pullback

1 source·Updated Jul 2, 2026

Target announced Wednesday that CEO Brian Cornell is stepping down after serving 11 years in the role — following a decline in sales in 2025. The major retailer’s board of directors tapped Target COO Michael Fiddelke as…

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Last updatedJul 2, 2026

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