Where Target is showing signs of life, though, is in its 2026 projections. The company's 2026 guidance anticipates net sales ...

Target reported dismal earnings, but new CEO Michael Fiddelke unveiled a $6B turnaround plan for 2026. However, analysts are skeptical leadership can turn the page.

Michael Fiddelke, who took the top job Feb. 1, admits the retailer lost its way and promises a reset.

Target Corp. is ready to begin its next chapter, one that will be defined by the retailer “playing our own game and making big changes to delight our guests,” said Michael Fiddelke, chief executive ...

Two of America’s most embattled retail chains are working together to drum up some excitement from customers this holiday season. They sure could use it. Beginning Monday, a Frozen Peppermint Hot ...

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Target faced significant sales and reputation declines after rolling back DEI policies and controversial Pride Month displays, leading to widespread boycotts and a 30% stock drop. However, RepTrak ...

Target said Wednesday it plans to invest $5 billion across stores next year in an effort to win back customers as the retail giant reported its 12th straight month of weak or falling sales. Same-store ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

Target’s business is in a slump, competition is bearing down and its hometown of Minneapolis is in crisis from massive federal immigration operations. It’s a fraught moment for a new CEO to start.