Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart. The Minneapolis-based retailer said Wednesday that Chief Operating Officer Michael ...

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.

But Target has been in a deep slump for years, mostly due to its own strategic missteps. The company has quickly fallen behind rivals like Walmart, Amazon and Costco. Here’s how Target reached new ...

In 2018, Target reported its best results in a decade. The following year, Cornell was named CNN Business’ CEO of the Year ...

Target announced Wednesday that Brian Cornell will step down as CEO on February 1 2026 after leading the retail giant through 11 years of dramatic highs and crushing lows. The departure comes as ...