Target has been hurt by operational missteps, inflation’s dampening of consumer sentiment and tariff costs. On top of all ...

Brian Cornell is near the end of an 11-year tenure as Target’s CEO, and he will leave with industry-leading successes and ...

The shift is more than seasonal. Cornell has empowered COO Michael Fiddelke to lead a new Enterprise Acceleration Office tasked with streamlining operations and improving inventory reliability.

Target Corporation (NYSE:TGT) Q1 2025 Earnings Call Transcript May 21, 2025 Target Corporation misses on earnings expectations. Reported EPS is $1.3 EPS, expectations were $1.56. Operator: Ladies ...

Michael Fiddelke, chief operating officer, is tasked with leading a new effort to accelerate growth.

Acceleration on But the center-piece of the corporate response yesterday was the announcement of the grand-sounding Enterprise Acceleration Office, to be run by Chief Operating Officer (COO) Michael ...

Target's new Enterprise Acceleration Office could turn around the company's fortunes. But it's Chief Operating Officer Michale Fiddelke leading it, not CEO Brian Cornell.

It also announced an "acceleration office" led by Michael Fiddelke, the company's former CFO and current COO, aimed at speeding up strategic execution and reversing recent declines.

The company also shared that it has established an acceleration office led by Michael Fiddelke, with the purpose of enabling faster decisions and execution of its core strategic initiatives in ...

Target Chief Operating Officer Michael Fiddelke added that it was “disappointing that a deceleration in discretionary demand combined with some cost pressures have caused us to take our guidance ...

The company’s chief operating officer, Michael Fiddelke, said Target stocked up on inventory ahead of the strike, something that ended up costing the company.

He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief. Lee joins Target a month after the retailer saw second-quarter sales ...