Target’s incoming CEO co-signs letter calling for ‘deescalation of tensions’ in Minnesota
Michael Fiddelke joined about 60 other CEOs, including Best Buy’s Corie Barry, in signing a letter about “recent challenges” in the state.
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Best Buy CEO Corie Barry to step down as sales stagnate
Jason Bonfig will succeed her on Oct. 31. He currently leads the retailer’s ads and marketplace businesses as chief customer, product and fulfillment officer.
Target, Walmart usher in new CEOs
Michael Fiddelke reiterated his top priorities after taking on the position at Target. Meanwhile, Walmart’s John Furner paid tribute to his predecessor.
Target names COO, chief merchant
CEO Michael Fiddelke announced his successor to lead operations and is transitioning the retailer to a single chief merchandising officer structure.
Best Buy debuts consultation spaces within Ikea stores
The project at two Ikea locations builds on the retailers’ existing shop-in-shop partnership at Best Buy.
Walmart teams up with Google’s Gemini for AI-assisted shopping
Incoming CEO John Furner said the company is rewriting the retail playbook, in part with new agentic AI capabilities.