Target Announces New CEO To Help Boost Sales

August 20, 2025
Target Store Exterior

In a world where we operate today, our guests are looking for Tarzhay.

Target Chief Executive Officer Brian Cornell, who will step down on February 1 and be replaced by Target’s current Chief Operating Officer Michael Fiddelke.

Why It Matters: Target is the eighth largest retailer in the country but recently has struggled to increase sales, due in part to competitors like Walmart and TJ Maxx. Fiddelke has worked for Target for the past 20 years, though outsiders question Target’s decision to promote from within the company.

Learn More: Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year (AP News)

by Emily Hooker, based in Texas

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