Target appointed internal veteran Michael Fiddelke as CEO, replacing Brian Cornell in 2026. Cornell will remain executive chair, drawing criticism. Experts argue Target's declining performance needs ...

Target will invest another $2 billion in its business this year to spruce up stores, remodel locations and invest in workers, the retailer said Tuesday as it outlined plans to try to reverse a ...

Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.

Target is cutting prices on thousands of food and household items as it works to reverse its sales slump under its new chief executive. The retail giant specifically will slash the cost of 3,000 items ...

Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. Target Corp.’s $1 billion-plus owned denim brand, Universal ...

Target said in an email to employees obtained by CNBC that it will invest more in store labor and cut about 500 other roles at distribution centers and regional offices. The big-box retailer is trying ...

Target said Wednesday it plans to invest $5 billion across stores next year in an effort to win back customers as the retail giant reported its 12th straight month of weak or falling sales. Same-store ...

Two of America’s most embattled retail chains are working together to drum up some excitement from customers this holiday season. They sure could use it. Beginning Monday, a Frozen Peppermint Hot ...

Target is joining a growing list of retailers who are slashing the price of their Thanksgiving meal to entice budget-conscious customers into their stores. On Nov. 5, the retailer announced that its ...