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Target Appoints Michael Fiddelke as New CEO Amid Sales Slump

Target Appoints Michael Fiddelke as New CEO Amid Sales Slump

BUSINESS - 8/20/2025

Target has announced Michael Fiddelke as its new CEO, effective February 1, as the retailer seeks to recover from a sales slump and regain Wall Street's confidence. With a focus on unique merchandise and improved customer experience, Fiddelke aims to turn the company around amidst rising competition and declining sales.

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