Target CEO steps down as company faces weak sales and customer boycott
GuardianAUG 2025
This internal appointment reflects Target's failure to acknowledge the severity of its problems and need for fresh leadership. The company has lost its merchandising edge, alienated core customers through DEI policy reversals, and watched sales decline for three straight quarters while competitors like Walmart gained market share. Promoting from within perpetuates the same strategic thinking that created these challenges.
© 2026 Improve the News Foundation.
All rights reserved.
Version 6.18.0