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Target Picks New CEO In Bid To Win Back Shoppers Amid Plunging Sales, Boycotts
Target has picked a longtime executive to take over as CEO amid plummeting sales and a slumping stock throughout 2025.
Chief operating officer Michael Fiddelke will become Target's next CEO, the retail giant announced on Wednesday, Aug 20. Fiddelke, who has spent two decades at Target, will succeed current chief executive Brian Cornell on Sunday, Feb. 1, 2026.
Cornell, 66, will become the executive chair of Target's board and help Fiddelke, 49, in the transition.
"There is no one better suited to move Target forward than Michael Fiddelke," Cornell said in a statement. "He brings …
New Rankings Reveal Nation's Top 50 Airports
The airport is usually the part of your trip you try to survive, not savor.
It can be a soul-sucking pit stop full of delays, overpriced pretzels, and fluorescent lighting that makes everyone look like they slept in baggage claim.
But not all airports are created equal. In fact, some, according to Americans surveyed, are actually enjoyable.
A new Washington Post ranking has revealed the top 50 in the US, based on a combination of traveler feedback, Yelp reviews, and data from more than 450 U.S. airports.
Here’s a look at the Top 10:
Portland International Airport (PDX): A leafy, l…
Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the US.
The 123-year-old department store chain and SPARC Group have combined to form Catalyst Brands, the new company said in a news release on Wednesday, Jan. 8. SPARC Group is the operator of stores including Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand, and Nautica.
Former JCPenney CEO Marc Rosen will become the CEO of Catalyst Brands, which boasts more than $9 billion of revenue and about 60,000 employees at …
