Target is not in a very good condition.
The CEO of Target has announced he will step down from his position.
Target CEO Brian Cornell announced he will step down next year and be replaced by Target’s Chief Operating Officer.
Target CEO Brian Cornell steps down after 10 years as retailer fights to reverse sliding sales https://t.co/y94G7TGxZT pic.twitter.com/WzV87mcIdl
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AP reported more on Target’s struggle:
Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart.
The Minneapolis-based retailer said Wednesday that Chief Operating Officer Michael Fiddelke, who has been with Target for 20 years, will become CEO Feb. 1.
He succeeds Brian Cornell, who
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