This New CEO Is Ready to Prove Critics Wrong
He hasn't just spent his career at Target, he grew up in its upper-Midwest home turf -- but he says he is ready to be an agent of change.
To the investors skeptical of that argument, here's his counter: By being inside one of the largest retailers in the U.S. for so long, he has seen up close what works, what's wrong and the levers to pull to fix it.
On Wednesday, Target named its chief operating officer, Michael Fiddelke, as its new chief executive after a 2 1/2 year string of flat or falling quarterly sales...
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