Under its new CEO, Target has been making major changes to its stores in recent months to reconnect with customers after years of declining sales. As the company’s new strategy is implemented, it sees an unexpected change in customer behavior as it works to regain its position in retail. In February, Michael Fiddelke became Target’s…
US retailer Target has revealed senior management changes under new chief executive Michael Fiddelke, along with a reaffirmation of its latest financial guidance. As of February 15, the reform introduces new executive vice presidents who report directly to the CEO, following recent additions to the boardroom. Cara Sylvester will become director of marketing after previously…
Alex Wong/Getty Images News via Getty Images This is the next in our series on America’s worst CEOs. There will be an all-time winner later this year. These CEOs were chosen based on their major strategic missteps, as well as how the decisions they made affected shareholders, customers, and employees. Some of these CEOs are…
Over the past year, Target has found itself at the center of intense backlash and boycotts over a series of controversial business decisions that border on the political. The consequences have taken their toll on the company’s finances, causing several slowdowns in sales. Now, the retailer is taking another bold step, but this one could…
