Target’s leadership shuffle: Can a new strategy reverse sales slump and DEI backlash?
FortuneThursday, May 22, 2025 at 11:42:59 AM
Target is shaking up its leadership team in an attempt to turn things around after a rough patch. Sales have been slipping, and the company has faced criticism over its diversity, equity, and inclusion (DEI) initiatives. Now, Michael Fiddelke, the current COO, is stepping up to spearhead a new growth strategy. The big question: Can fresh leadership and a revamped approach win back customers and quiet the backlash?
Editor’s Note: Target’s move signals they’re feeling the pressure—slumping sales and DEI controversies aren’t great for business. Leadership changes like this often hint at bigger shifts ahead, whether in store policies, marketing, or even product lines. For shoppers and investors alike, it’s worth watching whether this reset actually moves the needle or just shuffles the deck.
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