Michael Fiddelke

Mike Lindell announced plans to pay approximately $825,000 for a recount and audit of an election he lost, stating his goal is tied to eliminating electronic voting machines. In other news, Target raised its annual sales forecast due to CEO Michael Fiddelke's plan and a $1 billion boost from tariff refunds. Local reports covered discussions in Minneapolis regarding the Star Tribune facility sale and efforts at the Walker Art Center to clarify exhibitions potentially related to AI generation.

Target reported that its comparable sales rose 3.8% in the second quarter, attributing the gain to a merchandising overhaul implemented by CEO Michael Fiddelke. The company upgraded its annual profit and sales outlook and outlined plans including more than 100 store remodels and new collaborations with brands like Hollister.

Target reported its second consecutive quarter of comparable sales gains, rising 3.8% and signaling a turnaround from previous declines. The company upgraded its annual profit and sales outlook, attributing the solid performance to a merchandising overhaul under its new CEO. Target also noted additional financial elements including merchandise and a $994M tariff refund.

Target reported its second straight quarter of comparable sales gains, with store sales increasing 2.7% and digital comparable sales growing 8.7%. The company upgraded its annual profit and sales outlook after unveiling a $6 billion plan to reverse its sales slump through merchandising overhauls and retail remodels. CEO Michael Fiddelke noted the process is an important step forward in the planned growth.

Target reported its second straight quarter of comparable sales gains, with comparable sales rising 3.8% due to a merchandising overhaul under its new CEO. The company also upgraded its annual profit and sales outlook, noting that digital comparable sales grew by 8.7%. These efforts include store remodeling and attracting more customers to both physical and online channels.

Companies are consolidating C-suite roles, with executives now overseeing multiple areas such as sales, marketing, and operations. Examples include Target, Microsoft, and Kimberly-Clark restructuring leadership to emphasize broader commercial and operational mandates. Internal promotions remain common, highlighting the value of functional expertise as a foundation for expanded responsibilities.

Target implemented a new app feature allowing drive-up workers to unlock store doors via WiFi, reducing re-entry delays by 30 seconds per use. This solution saves an estimated 350,000 labor hours annually across 2,000 stores, addressing a frequent pain point for employees handling online orders.

Target is implementing a points system to track unexcused employee tardiness and absences, with 12 points leading to termination. The policy, effective September 2023, assigns points for violations like arriving late or missing shifts, escalating to counseling and dismissal at thresholds. The move aligns with CEO Michael Fiddelke's focus on improving store operations and customer experience amid declining sales.

Target has appointed Isaac Mizrahi as creative director at large to help revitalize its stylish budget clothing reputation. Mizrahi will mentor designers, advise on product innovation, and form new partnerships, building on a prior 2002-2009 collaboration. The move is part of CEO Michael Fiddelke’s broader strategy to overhaul Target’s fashion offerings and leadership.

Target has appointed designer Isaac Mizrahi as creative director at large to enhance its stylish clothing offerings. Mizrahi will mentor designers, advise on product innovation, and foster partnerships, building on a prior successful collaboration with Target from 2002 to 2009. The move is part of Target's broader strategy under new CEO Michael Fiddelke to revitalize sales and its fashion brand.

Target is set to report first-quarter earnings and provide an update on consumer trends. The company has been experiencing a sales slump and decreased customer traffic. CEO Michael Fiddelke believes the retailer is poised for a turnaround.