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Just over a year since Target announced Michael Fiddelke as its new CEO, the mass retailer may actually be in the early innings of a successful turnaround effort.
The company has had two quarters of meaningful sales and traffic growth. But it hasn’t been without some issues — whether that be the public backlash over a private label children’s Halloween costume or the delayed improvement for Target’s home and apparel categories.
In this month’s episode of The Backroom, Retail Dive’s Lead Reporter Daphne Howland and Reporter Dani James sit down to take stock of where Target is with its turnaround ahead of the ever-important holiday season.
Resource links:
- ‘Target is not an everything store’: CEO
- Target scores major sales growth in beauty, hardlines merchandise
- How AI is powering Target’s back-to-school push
- What went wrong at Target?
- The Backroom: What’s next for Target?
Editor’s note: This episode was produced and edited by Caroline Jansen.