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Target Names New CEO As Continued Boycotts Impact Sales
The Source ^ | August 24, 2025 | Sourcestaff

Posted on 08/25/2025 11:35:57 AM PDT by Red Badger

Whelp maybe those DEI rollbacks weren’t a great idea. Target has officially announced a major leadership shake-up, confirming that CEO Brian Cornell will step down from his position and transition into the role of executive chair of the Board of Directors. His successor will be the company’s current chief operating officer, Michael Fiddelke, who will take over as chief executive by February 2026.

The decision was revealed in a company statement on Wednesday, August 20, with the Board of Directors unanimously backing Fiddelke. Before becoming COO, he served as chief financial officer and is seen by the Board as the right leader to guide Target through turbulent times and steer it back toward growth.

In his first comments about the new role, Fiddelke expressed gratitude while also recognizing the challenges ahead. “It is truly an honor to be named Target’s next chief executive officer […] I am eager to refocus our strategy and build on the assets and capabilities that have made Target a beloved destination for incredible products and a one-of-a-kind shopping experience. And to be clear, we have work to do to reach our full potential. Now’s the time to take full advantage of our strengths, embrace change with pace and purpose, and regain our momentum.”

This leadership change comes at a moment when Target is dealing with both economic pressures and public criticism. The retail giant continues to face boycotts following its decision to scale back diversity, equity, and inclusion efforts. Sales dropped significantly in the first quarter of 2025, a decline Target attributes to tariffs and wider economic struggles.

The company also faced backlash in 2024 after reducing its LGBTQ+ Pride collection, a move that fueled debate across its customer base. Addressing the wave of criticism, Fiddelke told Bloomberg, “There are no shortage of critics out there today. The way to prove those critics wrong is with action that leads to results.”

As Target prepares for this leadership transition, all eyes are on Fiddelke to see whether he can deliver the turnaround that both Wall Street and everyday shoppers are waiting for.


TOPICS: Business/Economy; History; Military/Veterans; Society
KEYWORDS: homosexualagenda; meetthenewboss; sameastheoldboss; target

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1 posted on 08/25/2025 11:35:57 AM PDT by Red Badger
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To: Red Badger

Let me guess, a rebrand in the offing. Perhaps a new logo to replace the “Target”.


2 posted on 08/25/2025 11:36:52 AM PDT by 1Old Pro
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To: Red Badger

As Scarlett said, “Oh, Fiddelke.”


3 posted on 08/25/2025 11:38:37 AM PDT by crusty old prospector
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To: Red Badger

I will never spend another dollar in Target.


4 posted on 08/25/2025 11:39:02 AM PDT by BigFreakinToad (All she is, is cackles in the wind.)
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To: Red Badger

They put trannies and perverts in their store displays.


5 posted on 08/25/2025 11:39:56 AM PDT by stinkerpot65 (Global warming is a Marxist lie. )
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To: Red Badger

They seem determined to not MAGA. They’re waiting out Trump? They think he wasn’t really elected? They think people couldn’t possibly vote for him in a landslide? They think they can keep pushing products people don’t want their kids to see. People do not like explain g these things to their kids. Particularly pre-pubescent.


6 posted on 08/25/2025 11:40:12 AM PDT by stanne (Because they were mesmerized by Obama, the man for whom this was named, whose name they left out of )
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To: Red Badger

They seem determined to not MAGA. They’re waiting out Trump? They think he wasn’t really elected? They think people couldn’t possibly vote for him in a landslide? They think they can keep pushing products people don’t want their kids to see. People do not like explain g these things to their kids. Particularly pre-pubescent.


7 posted on 08/25/2025 11:40:16 AM PDT by stanne (Because they were mesmerized by Obama, the man for whom this was named, whose name they left out of )
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To: Red Badger

8 posted on 08/25/2025 11:40:32 AM PDT by simpson96
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To: Red Badger

Target of 2025 reminds me of K-Mart of 2005


9 posted on 08/25/2025 11:40:32 AM PDT by PGR88
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To: Red Badger

Swirling around the drain gets tighter and tighter.


10 posted on 08/25/2025 11:44:00 AM PDT by MtnClimber (For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
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To: Red Badger

Get Woke
Go Broke

MUCH harder to recover
your customer base

DON’T GO GAY, BUSINESSES!

DUH!!!


11 posted on 08/25/2025 11:44:08 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: BigFreakinToad

Why? I’m out of the loop on Target.


12 posted on 08/25/2025 11:46:16 AM PDT by gitmo (If your theology doesn’t become your biography, what good is it?)
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To: SaveFerris

Yup—any business that wants to enter in the culture war should not be surprised if they become a casualty.


13 posted on 08/25/2025 11:46:16 AM PDT by cgbg (It was not us. It was them--all along.)
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To: Red Badger

So, they are in trouble because of LGBTQ roll-backs or because of LGBTQ policies?


14 posted on 08/25/2025 11:46:16 AM PDT by ChessExpert (Infidels of the world unite against the evil that is Islam.)
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To: ChessExpert

See post 13—it does not matter whether they are attacking or retreating.

They remain on the battlefield and are fair game for both sides.


15 posted on 08/25/2025 11:47:06 AM PDT by cgbg (It was not us. It was them--all along.)
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To: stinkerpot65

I saw a tranny working in the Target of Stroudsburg PA. Was “passable” until I heard him speak.


16 posted on 08/25/2025 11:48:26 AM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Red Badger

Haven’t been to one in a VERY long time. No plans to either.


17 posted on 08/25/2025 11:49:33 AM PDT by rktman (Destroy America from within? On hold! Enlisted USN 1967 proudly. 🚫💉! 🇮🇱👍! Winning currently!)
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To: Red Badger

I go there all the time. I just don’t buy gay stuff or use the bathroom.


18 posted on 08/25/2025 11:50:31 AM PDT by Sacajaweau
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To: 1Old Pro
New logo - Uncle Herschel and Uncle Ben playing checkers on top of a cracker barrel, with Aunt Jemima making pancakes in the background. Using Land of Lakes butter.

Full retro Americana.

19 posted on 08/25/2025 11:53:06 AM PDT by Bernard (Issue an annual budget. And Issue a federal government balance sheet. Let's see what we got.)
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To: Red Badger

They really screwed up. Pissed off the normal people with trans clothing and allowing men to use the women’s bathrooms.

Then tried to rollback all that nonsense pissing off the wackos.


20 posted on 08/25/2025 11:53:18 AM PDT by for-q-clinton (ui)
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