Target Observes Shift in Customer Behavior Under New Leadership

Under new CEO Michael Fiddelke, Target is implementing major store changes aimed at re-engaging customers and reversing declining sales. The company reported a 2.6% year-over-year drop in comparable sales for 2025 and an 8% decline in operating income.

By Patricia Battle Wed, May 20, 2026 at 6:04 PM GMT+3 5 min read · Yahoo Finance ·

Target Observes Shift in Customer Behavior Under New Leadership

Tickers: $TGT

Topics: CEO change customer behavior shift retail strategy store transformation

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