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Target's COO Will Lead the Struggling Retailer When CEO Brian Cornell Steps Down in February
Cornell will transition to be executive chair of the board. Cornell, 66, took the helm at Target in August 2014. In September 2022, the board extended his contract for three more years and eliminated a policy requiring its chief executives to retire at age 65.
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...
Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending ...
Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).
Investor's Business Daily on MSN16m
Walmart Stock Slips As Key Misses Outweigh Traffic, E-Commerce Gains
Walmart stock fell in a buy zone early Thursday after Q2 results. The Dow Jones retailer lifted its 2026 outlook.
Several big-box U.S. retailers are reporting second-quarter earnings this week, offering a glimpse into the spending habits ...
A day earlier, Target (TGT.N), opens new tab warned of tariff-induced cost pressures, even as it reiterated that price increases would be considered only as a last resort. Two-thirds of Walmart's ...
Either way, the sales and discounts at major retailers, including Walmart, will continue for a few more weeks. Need a break? Play the USA TODAY Daily Crossword Puzzle. We've compiled a roundup of ...
It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...
Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.
While Target has seen a steady decline in same-store visits for roughly the past 18 months, Walmart has made gains in that ...
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