Target’s Big Partnerships: Will Starbucks, Disney, & Apple Help Fuel Their Much Needed Turnaround?

Target Corporation reported its second-quarter 2025 results amid significant organizational and market transitions. The earnings call highlighted several strategic updates, shedding light on the company’s current performance and future direction. A key focal point was the leadership transition announcement, where Target’s Board elected Michael Fiddelke as the next CEO, effective at the start of the 2026 fiscal year. Michael Fiddelke will be succeeding Brian Cornell, who will remain involved to ensure a smooth transition. The strategic choice underscores the emphasis on internal continuity and leveraging Fiddelke’s extensive experience within Target to shepherd the company back to a growth trajectory after acknowledging recent performance gaps.