What Target's New CEO Michael Fiddelke Is Overestimating About American Consumers Right Now
Source: Motley Fool
2026-03-08 04:05:00 ET
Investors believe in Target 's (NYSE: TGT) turnaround plan. That's the takeaway from the stock's near-7% gain following Tuesday's unveiling of said plan, anyway. Despite reporting a 13th consecutive decline in quarterly same-store sales that very same day, the retailer says an overhaul of its merchandise assortment and further investment in its in-store experience will finally start growing revenue again.
And maybe it will.
Target's new CEO, Michael Fiddelke, however, may not fully appreciate what's really standing in the retailer's way at this time.
Walmart Inc.
NASDAQ: WMT
WMT Trading
11.03% G/L:
$113.0001 Last:
9,586,909 Volume:
$114.57 Open:
WMT Latest News
March 11, 2026 12:35:00 pm
Prediction: Inflation Data Will Re-Take Center Stage After This Oil Spike
WMT Stock Data
$1,012,928,519,455
4,319,830,494
0.13%
2666
N/A
Retailers - Staples
Consumer Staples
US
Bentonville
