01 Target New CEO.jpg
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What happened to Target?

Target CEO Brian Cornell is stepping down after 11 years, as the company faces slumping sales and backlash to its DEI rollback. Here's what happened to Target.

01:59 - Source: CNN
Latest from CNN Business 15 videos
01 Target New CEO.jpg
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What happened to Target?
01:59
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Canadian Prime Minister Mark Carney speaks during a press conference after a Cabinet meeting to discuss both trade negotiations with the US and the situation in the Middle East, at the National Press Theatre in Ottawa, Ontario, Canada on Wednesday.
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Canada's PM: Canada will 'match the US,' remove 'tariffs on US goods'
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Backlash over Cracker Barrel's logo change
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<p>Phil Mattingly reports</p>
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Trump ramps up his attacks on the Fed. What's the endgame?
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Wedding vows but written by AI. Hear how this founder is helping brides and grooms
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LONDON, ENGLAND - FEBRUARY 28: In this photo illustration, the TikTok app logo is displayed on an iPhone on February 28, 2023 in London, England. This week, the US government and European Union's parliament have announced bans on installing the popular social media app on staff devices. (Photo by Dan Kitwood/Getty Images)
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Hear TikTok employees raise concerns about app's impact on users
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Walmart is getting hit by Trump's tariffs
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Seen this photo illustration made on May 28, 2025, Labubu are a line of fictional characters inspired by Nordic mythology and depict elven monsters. Created by the Chinese artist Kasing Lung, they have become very popular and hard to find collectibles among young people and celebrities.
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Viral Labubus boost company’s profits by nearly 400%
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Pastor who led DEI boycott against Target speaks after CEO steps down
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<p>Valerie Trapp joins The Lead</p>
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How Labubu's popularity teaches us about "kidulthood"
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<p>Danny Batten joins The Lead</p>
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NC outdoor shop owner warns of tariff price hikes by 2026
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<p>Phil Mattingly reports</p>
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A timeline of how Target got off target
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