Target’s new CEO unveils his turnaround plan

General Idaho Archived • March 3, 2026 • 2 views

By Nathaniel Meyersohn, CNN Minneapolis (CNN) — Target’s new CEO wants to re-establish the company’s “Tarzhay” reputation after a brutal few years. CEO Michael Fiddelke said Tuesday that Target was beginning its “next chapter of growth” and would improve its merchandise and store design to win back shoppers. Target will increase capital spending by 25%

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