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New Target CEO facing anti-ICE protests and slumping sales

CBS America · 2 months ago
CBS America
CBS America
2 months ago

New Target CEO Michael Fiddelke is facing pressure to take a stand against actions by Immigration and Customs Enforcement agents in Minneapolis, where the company's headquarters are located.

Breakdown
  • Target's stock rose over 3% as new CEO Michael Fidelke started 26s
  • Target faces sales declines and increased competition from major retailers 31s
  • Anti-ICE protests pressure Target to take a public stance in Minnesota 44s
  • Fidelke focuses on merchandise, guest experience, and technology 1m 41s
  • Advocacy groups urge Target CEO to oppose ICE activities more strongly 2m 24s
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