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Target sales fall again, but retailer sticks by its outlook
TargetTarget(US:TGT) CNBC Televisionยท2025-08-20 11:08

All right, welcome back everybody. Some breaking news for you this morning from Target. The company is announcing a big change.The longtime CEO Brian Cornell is going to be leaving the top job as of February 1st of next year. And he will become the executive chair of the board of directors. He's going to be replaced as CEO by Target's chief operating officer, Michael Fideli, who was elected unanimously by the board.Now, this news does come as Target reports its second quarter results this morning. If you're ...