Consumer

Target’s Incoming CEO Urges Staff to Prove Critics Wrong

Investors Eager for a Target Turnaround

Target Corp.’s incoming Chief Executive Officer Michael Fiddelke said the big-box retailer is facing adversity and called on employees to go the extra mile to end a lengthy sales slump.

“There are no shortage of critics out there today,” Fiddelke said in an internal meeting on Wednesday shortly after he was announced as the company’s next leader. “The way to prove those critics wrong is with action that leads to results.”