‘Looking for a fresh pair of eyes’: Target CEO Brian Cornell to step down; COO Michael Fiddelke named successor

Target’s CEO, Brian Cornell, will step down in February, succeeded by COO Michael Fiddelke amidst company challenges. The leadership shift occurs as the retailer grapples with declining sales and a need to revive its reputation for affordable style. Fiddelke aims to improve merchandise selection, in-store experience, and technology investment.