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Rapid Read    •   5 min read

Target CEO Brian Cornell Announces February Departure

WHAT'S THE STORY?

What's Happening?

Target CEO Brian Cornell has announced his plans to step down on February 1, 2025. Cornell, who played a key role in revitalizing the company, has faced challenges in improving sales amid a competitive retail environment post-COVID pandemic.

Why It's Important?

Cornell's departure marks a significant leadership change for Target, potentially impacting the company's strategic direction and market performance. As Target navigates a competitive retail landscape, the transition could influence its ability to adapt and thrive.
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