Target’s new CEO lays out a $6 billion plan to revive 'Tarzhay'

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

Watch CNBC's full interview with Target CEO Michael Fiddelke

Michael Fiddelke, CEO of Target, sits down with CNBC's Sara Eisen to discuss the company's turnaround strategy, competition in retail, and more.
Forbes

Target Picked A New CEO. Here’s Why He Must Be Transformative

Target appointed internal veteran Michael Fiddelke as CEO, replacing Brian Cornell in 2026. Cornell will remain executive chair, drawing criticism. Experts argue Target's declining performance needs ...