Target, Wall Street and CEO
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Target CEO Brian Cornell to step down
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In 2025, Walmart has been a clear outperformer, up 12%, while Target has slumped 22%. Technicians tend not to believe too much in mean reversion, because once trends are in motion, they are more likely to remain in place rather than reverse. Expect this dynamic to continue.
The Dow Jones Industrial Average was back in the green again following choppy trading on Wednesday, with shares of Travelers Cos. Inc. and Walmart Inc. contributing the most to the index's rise. The Dow was up 83 points,
Target CEO Brian Cornell is resigning from his post after 11 years following the store's struggling sales and DEI rollback.
Several big-box U.S. retailers are reporting second-quarter earnings this week, offering a glimpse into the spending habits of consumers and the continued impact of President Trump’s trade war. Here a
Target stock falls after reporting Q2 results. Analysts maintain mixed ratings, note CEO departure and future plans.
Hot toys such as Squishmallow building sets, Hasbro's Spider-Man action figures and Mattel's Barbie were included in container manifests.
On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.
Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.
TheStreet. Over the past few months, retailers across the country have been battling a growing threat. Earlier this year, President Donald Trump announced sweeping tariffs (taxes companies pay to import goods from overseas) on multiple countries to encourage more manufacturing in the U.