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Target's New CEO Signals Turnaround with Upbeat Outlook

CEO Michael Fiddelke aims to reverse a three-year sales slump by expanding grocery items, introducing beauty studios in 600 stores, and accelerating same-day delivery, with digital sales now two-thirds of total.

Summary by Transport Topics
Target's new CEO is setting big expectations for Wall Street and pledging a return to growth powered by trendy new food products, in-store beauty services and other changes.

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Target will get a boost from merchandising revamp and tech investments, says Telsey

Telsey Advisory Group sees shares of Target rising 20% from here.

·United States
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Target Raises Outlook as New CEO Pushes Revamp

Target's new CEO is setting big expectations for Wall Street and pledging a return to growth powered by trendy new food products, in-store beauty services and other changes.

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ReutersReuters
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Target's new CEO signals turnaround with upbeat outlook

·United Kingdom
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Reuters broke the news in United Kingdom on Tuesday, March 3, 2026.
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