Target shifts away from being an 'everything store' in new strategy focused on 'busy families'

Tech Insider : Business
Target CEO Michael Fiddelke wears a suit and headset as he speaks at Target headquarters in March. A white Target bullseye logo hangs behind him.
Target CEO Michael Fiddelke and other executives outlined the retailer's turnaround strategy at its Minneapolis headquarters on Tuesday.

Dominick Reuter

Target finished out a difficult year with declining sales, but says growth is ahead

Tech Insider : Business
Customers shop at a Target store on February 10, 2026 in Chicago, Illinois.
Target guided that it was on track to deliver net sales growth in every quarter of 2026 after a bruising finish to its fiscal year.

Scott Olson/Getty Images

Target CEO Michael Fiddelke has had a busy first 2 weeks on the job

Tech Insider : Business
Michael Fiddelke attends the opening of
Fiddelke at a Target event in December.

Ilya S. Savenok/Getty Images for Target

Target's new CEO is thrown into crisis mode on day one

Tech Insider : Business, Style, Technology
Target CEO
Michael Fiddelke starts his new job as Target CEO on February 1.

Bryan Bedder/Getty Images for Target

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