The news the retail industry has been anticipating for months was finally announced on Wednesday: Target CEO Brian Cornell is finally stepping down after 11 years at the helm and will be replaced by his operations chief Michael Fiddelke in February.

Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).

Either way, the sales and discounts at major retailers, including Walmart, will continue for a few more weeks. Need a break? Play the USA TODAY Daily Crossword Puzzle. We've compiled a roundup of back-to-school deals from major retailers, from Target to ...

Hot toys such as Squishmallow building sets, Hasbro's Spider-Man action figures and Mattel's Barbie were included in container manifests.

Viral ‘Next-Level’ Swedish Candy Finally Hits Target, Walmart and More in the U.S. first appeared on Parade on Aug 19, 2025 This story was originally reported by Parade on Aug 19, 2025, where it first appeared. These classic finds are giving Gwyneth Paltrow, Gisele Bündchen and Meghan Markle vibes, and they start at just $16.

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.

In 2025, Walmart has been a clear outperformer, up 12%, while Target has slumped 22%. Technicians tend not to believe too much in mean reversion, because once trends are in motion, they are more likely to remain in place rather than reverse. Expect this dynamic to continue.