Target on Tuesday named long-time executive Lisa Roath as its operating chief in a boardroom reshuffle under new CEO Michael Fiddelke, as the U.S. retailer focuses on a sales revival. ...

Core Insights - Target is undergoing significant leadership changes under new CEO Michael Fiddelke, who aims to revitalize the company after operational struggles [1][4] - The company is focusing on enhancing its operational speed and addressing priorities to drive growth [2] Leadership Changes - Rick Gomez, a 23-year veteran overseeing inventory, will leave the company, while Jill Sando, chief merchandising officer since 1997, will retire [1] - Lisa Roath will assume the role of chief operating officer, and Cara Sylvester will become the chief merchandising officer [2] - Gomez and Sando will assist with the transition for a short period, with changes effective immediately [3] Operational Adjustments - Target is reiterating its profit guidance while increasing investment in store staffing, despite eliminating around 500 jobs at distribution centers and regional offices [3] - The leadership reshuffle is seen as a necessary step to address declining sales and customer complaints regarding store conditions [4] Market Challenges - Target has faced difficulties as consumer spending has decreased, leading to complaints about store organization and a loss of its budget-friendly image [4] - The company has also dealt with backlash from consumer boycotts related to its corporate diversity initiatives and responses to local social issues [5]

Target Announces Executive Leadership Changes to Accelerate Growth, Confirms Q4 Financial Guidance [Accessibility Statement] Skip NavigationMINNEAPOLIS, Feb. 10, 2026 /PRNewswire/ -- Target Corporation (NYSE: TGT) announces a series of executive leadership changes under new CEO Michael Fiddelke aimed at accelerating the company's growth plans. The appointments follow recent additions to the [Board of Directors] and directly support Fiddelke's focus on strengthening merchandising authority and elevating the ...

VANCOUVER, BC / ACCESS Newswire / February 10, 2026 / Kalo Gold Corp. (TSXV:KALO) (the "Company" or "Kalo") is pleased to report that it has commenced 2026 field operations in Fiji, advancing exploration activities across its 100%-owned Vatu Aurum Project. The current program integrates geophysical datasets with systematic core relogging, field mapping, and soil geochemistry to refine, rank, and sequence priority drill targets across the project. ...

Group 1 - The company is undergoing significant leadership changes, with two long-term veterans exiting as part of a new strategy under CEO Michael Fiddelke [3][7] - Fiddelke emphasizes the need for a streamlined structure to enhance speed, clarity, and accountability in advancing the company's growth strategy [4][6] - Target has reiterated its fourth quarter guidance, expecting a low-single-digit decline in sales [4] Group 2 - Sylvester will focus on enhancing Target's style and design authority through various merchandising functions, marking her return to merchandising after over 18 years with the company [5] - Roath is appointed to scale the style and design focus across all operational functions, indicating a strategic shift in the company's operational approach [5][7] - The transition to a single chief merchandising officer structure is part of the company's effort to streamline its C-suite [7]

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Target is eliminating about 100 roles at the store district level and 400 roles relating to supply chain as part of an effort to invest more into store payroll and improve the customer experience. The mass retailer is consolidating its store districts to streamline its structure and standardizing the field operating model for its supply chain operations, per an int ...

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Kering reported a slightly smaller-than-expected drop in fourth-quarter sales on Tuesday, as new CEO Luca de Meo battles to stabilise the Gucci owner. ...

Core Viewpoint - German software developer TeamViewer forecasts annual revenue growth of between 0% and 3% in 2026, with an adjusted core profit (EBITDA) margin of about 43% due to high market volatility [1] Revenue Forecast - TeamViewer anticipates revenue growth of 0% to 3% for the year 2026 [1] Profit Margin - The company expects an adjusted core profit (EBITDA) margin of approximately 43% [1]

Core Viewpoint - Target (TGT.US) is laying off approximately 500 positions to streamline operations and enhance customer experience [1] Group 1: Operational Changes - The layoffs include 400 positions in the supply chain and 100 positions in store support departments, aimed at reallocating resources to improve staffing in stores [1] - The company is focused on simplifying regional management structures to empower store leaders to better meet customer needs [1] Group 2: Leadership and Strategy - The new CEO, Michael Fiddelke, is leading efforts to revive performance, with a core goal of reversing declining sales [1] - Target is prioritizing improvements in customer experience, including reducing wait times and ensuring product availability in approximately 2,000 stores [1] Group 3: Historical Context - Last year, Target laid off about 1,800 corporate positions, marking the first major organizational restructuring in a decade [2] - Fiddelke acknowledged the loss of trust among some customers and employees, committing to rebuild that trust [2] Group 4: Additional Reform Goals - Other reform objectives include more efficient use of technology, optimizing product assortment, and reinforcing fashion positioning [1]