Target’s CEO is stepping down as sales continue to plunge

August 20, 2025

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1 min read

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CNN

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

Corporate news See all topics Follow New York — Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI. Cornell’s departure was widely expected. Some industry a... [2355 chars]

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