brian cornell – One America News Network

Shoppers walk towards a Target retail store, Tuesday, Nov. 18, 2025, in Salem, N.H. (AP Photo/Charles Krupa)

Quarterly profit slide at Target hints at a challenging holiday season for the retailer

Target’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation.

Michael Fiddelke, Target's chief operating officer (COO) who is viewed as the leading internal candidate to be the next CEO, gestures during Target’s financial community meeting at The Times Center in New York, U.S., March 4, 2025. REUTERS/Siddharth Cavale/File Photo

Target stock slumps after retailer names insider Fiddelke to CEO role

In his first media call as incoming CEO, Fiddelke said his “number one goal is to get us back to growth.”

PASADENA, CALIFORNIA - FEBRUARY 06: Reverend Al Sharpton (C) and civil rights attorney Ben Crump (R) speak to the media as Trevor Kelley (3rd L) and Trevor Kelley Jr. (L), son and grandson of Erliene Kelley who died in the Eaton Fire, look on before a memorial service for area wildfire victims at First AME Church on February 6, 2025 in Pasadena, California. At least 29 people were killed and over 12,000 structures, many of them homes and businesses, were destroyed in the Eaton and Palisades Fires. (Photo by Mario Tama/Getty Images)

Target CEO Meets With Al Sharpton Amid ‘Backlash’ Over DEI Rollback, Boycott Threats

Target CEO Brian Cornell is set to meet with civil rights leader Reverend Al Sharpton this week in New York, amid heavy criticism over the company’s DEI programs.

SPRINGFIELD, VA - AUGUST 14: The sign of a Target store is displayed August 14, 2003 in Springfield, VA. Target Corp. reported a 4 percent increase in second-quarter profits. (Photo by Alex Wong/Getty Images)

Target Reports Largest Earnings Miss In 2 Years

Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.

CHICAGO, ILLINOIS - AUGUST 16: Customers shop at a Target store on August 16, 2023 in Chicago, Illinois. Target’s quarterly sales fell for the first time in six years which is being attributed in part to consumer backlash from the sale of Pride Month merchandise. (Photo by Scott Olson/Getty Images)

Target Slashing Prices On At Least 2K Items As Holiday Season Approaches

Target is slashing prices on over 2,000 items across different categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.

A person walks by a Target store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photo

Target raises 2024 profit forecast as price cuts draw shoppers

Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.