Target's new CEO admits retailer has lost trust with shoppers, staff: report

Target Corp.’s new chief executive officer, Michael Fiddelke, said the big-box retailer has lost trust with shoppers and employees and pledged to rebuild that connection, Bloomberg News reported Wednesday.“We weren’t clear enough about who we are as a company,” Fiddelke told staff on his first town hall, according to a recording viewed by Bloomberg News. “When we aren’t clear enough, that confuses people. We didn’t do enough to correct that confusion in the moment.”Target was not immediately available to re ...