Core Insights - Target CEO Michael Fiddelke is reshuffling the leadership team shortly after taking over, indicating a strategic shift to address operational struggles [1] - The changes include the departure of Rick Gomez and retirement of Jill Sando, with Lisa Roath becoming the new COO and Cara Sylvester taking over as chief merchandising officer [1] - Fiddelke emphasizes the need for speed in executing priorities to drive growth within the business [1] Leadership Changes - Rick Gomez, who managed inventory, will leave the company, while Jill Sando, chief merchandising officer since 1997, will retire [1] - Lisa Roath, previously overseeing food and essentials, will assume the role of COO [1] - Cara Sylvester, formerly chief guest experience officer, will become the chief merchandising officer [1] Operational Adjustments - Target is increasing investment in store staffing while eliminating approximately 500 jobs at distribution centers and regional offices [1] - The job cuts represent a small fraction of Target's total workforce, which exceeds 400,000 employees [1] - The leadership changes and staffing adjustments are part of a broader strategy to enhance operational efficiency and drive growth [1]

US retailer Target has unveiled senior management changes under new CEO Michael Fiddelke, alongside a reaffirmation of its latest financial guidance. Effective 15 February, the overhaul introduces new executive vice presidents reporting directly to the CEO, following recent boardroom additions. Cara Sylvester will become chief merchandising officer after previously serving as chief guest experience officer. Lisa Roath is set to take on the role of chief operating officer, transitioning from her positio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 10, 2026 Target Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) Minnesota 1-6049 41-0215170 (Commission File Number) (IRS Employer Identification No.) 1000 Nicollet Mall, Minneapolis, Minnesota 55403 (Address of principa ...

Core Insights - The article highlights consistent high-grade near-surface intervals at the Valley, including a significant interval of 347.6 meters at 1.0 g/t Au in geotechnical drilling, indicating potential for further mineralization outside the current mine plan [1] - A broad zone of lower-grade mineralization has been expanded along the eastern margin of the Valley intrusion, suggesting the possibility of discovering additional higher-grade areas in untested regions [1] - The discovery of a new mineralized zone named "Crossroad" on the Cynthia Project has been reported, with selective grab samples showing values up to 14.1 g/t Au and 3.5 kg/t Ag along a 5 km structural corridor [1] - Five regional drill targets have been tested, providing essential geological data that will support focused drill programs and exploration efforts in the upcoming 2026 field program [1]

格隆汇2月11日｜塔吉特宣布，任命内部人士Lisa Roath为首席运营官、Cara Sylvester为首席商品官，自 2月15日起生效。这是塔吉特在公司新任首席执行官Michael Fiddelke领导下进行的一次管理层重组。此 外，公司维持2025年第四季度销售额将下降低个位数、全年调整后每股收益介乎7至8美元的预期。 ...

The SPAC is a vehicle for a pure-play quantum company.Special purpose acquisition company (SPAC) Churchill Capital Corp X (CCCX +15.14%) was special to investors on Tuesday. The business set to merge into it (a trendy way to go public) reported some very encouraging news, leading investors to load up on the SPAC. Its price closed the day 15% higher.A SPAC in spaceThe company maneuvering to park itself into Churchill Capital is Infleqtion, which has attracted notice as a differentiated, pure-play quantum com ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]

Core Insights - Target is streamlining its retail model by increasing investment in frontline store employees while cutting approximately 500 office and supply chain jobs [1][2] - The company plans to reduce the number of store districts to allocate more payroll for additional labor and guest experience training [1][5] - Target's new CEO, Michael Fiddelke, aims to lead a turnaround amid declining sales and has announced significant corporate layoffs [6][7] Group 1: Layoff and Job Impact - The layoffs will affect around 100 employees at the store district level and about 400 in the supply chain [2] - The company has communicated the changes to affected team members and will provide support during the transition [2] Group 2: Investment in Employees and Operations - Target is focusing on increasing payroll in stores to enhance labor hours and improve guest experience training for all team members [5] - The starting pay for workers will remain unchanged, although the specific amount of investment in stores has not been disclosed [5] Group 3: Leadership and Strategic Direction - Michael Fiddelke has prioritized improving the merchandise mix and enhancing both physical stores and the online shopping experience [8] - The company plans to leverage technology to streamline operations and personalize customer experiences, emphasizing growth as a top priority [11]

Retail sales data for December painted a disappointing picture, with consumer spending coming in flat, down from a 0.6% jump in November and missing analysts' estimates of a 0.4% increase. In response, shares of both Target Corp (NYSE:TGT) and Walmart Inc (NASDAQ:WMT) are moving lower.TGT was last seen down 1.6% to trade at $113.72, paring gains after earlier hitting its highest level since March. Yesterday, the retailer announced it will eliminate 500 office and regional distribution roles to invest in sto ...

Target Stock Drops After Management Changes. Why the Moves Make Sense. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Target Shakes Up Its Top Ranks and Bets on a Storefront Revival. The Stock Drops.By [Sabrina Escobar]ShareResize---Reprin ...