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Rebounding Target reorganizes strategy team, cuts some roles

Investors have welcomed Target’s turnaround plans, with shares rising more than 30% this year. (David Paul Morris/Bloomberg) July 8, 2026 4:20 pm, EDT key takeaways: According to an internal memo, Target eliminated some strategy team roles as CEO Michael Fidelke reorganized the group to simplify operations and improve efficiency. The changes are aimed at aligning

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