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Post by : Meena Ariff
In a major leadership change, Target has announced that CEO Brian Cornell will step down in February 2026 after more than a decade leading the retail giant.
Cornell transformed Target into a $100 billion retail powerhouse.
His tenure saw major expansions but also challenges, including declining sales and a customer boycott tied to Target’s rollback of diversity, equity, and inclusion initiatives.
Chief Operating Officer Michael Fitelki has been named as the next CEO.
This transition marks a critical moment for Target as it tries to balance business growth with social responsibility in an increasingly divided marketplace.
Stay tuned as we track the impact of this move on the retail sector and consumers.
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