Target shares tumble as sales fall and retailer picks new CEO
Target is about to go through a lot of changes, and that's as Wall Street continues to lose confidence in the big box retailer. And the stock keeps falling further from the all-time high it hit back in 2021. The big news, a new CEO is stepping in to try to write the ship.A Target veteran, current COO and former CFO, Michael Fideli, will succeed Brian Cornell starting on February 1st. Cornell took the helm back in 2014 when things were going well for the retailer. The stock is up more than 70% the last decad ...