Target's New CEO: Can He Revive the Retail Giant?

Target's stock dips as insider Michael Fiddelke is named CEO, replacing Brian Cornell in 2026. Investors worry the move signals more of the same amid Target's recent struggles with sales, profits, and competition, despite Fiddelke's deep company experience. Can he deliver the bold changes experts say Target needs to revitalize stores, supply chains, and marketing, or will the internal promotion fail to restore investor confidence? Hosted on Acast. See acast.com/privacy for more information.