Workflow
Target's Digital Sales Gain as Traffic Wanes and CEO Departs
TargetTarget(US:TGT) PYMNTS.com·2025-08-20 17:45

CEO Brian Cornell will step down in February, and Chief Operating Officer Michael Fiddelke is set to succeed him and prioritize digital investments and AI-driven operations.Digital sales rose 4.3% year over year, driven by gains in same-day delivery, although growth slowed compared to last year.There was a lot to digest on Target’s second-quarter 2025 earnings call Wednesday (Aug. 20), as the retail giant posted data that showed consumers pulling back.By completing this form, you agree to receive marketing ...