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Target's New CEO Faces Crisis Amid Immigration Controversy

2/1/2026

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Summary

Story summary

On February 1, 2026, Michael Fiddelke became Target's CEO amid a Minneapolis crisis.
Federal immigration agents killed Alex Pretti, who was filming them, prompting residents to urge Target to address immigration issues.
Fiddelke acknowledged the challenge but kept Target's growth as his priority.
Walmart's new chief executive officer John Furner enters a more stable environment with revenue growth and planned store upgrades.

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Story summary

On February 1, 2026, Michael Fiddelke became Target's CEO amid a Minneapolis crisis.
Federal immigration agents killed Alex Pretti, who was filming them, prompting residents to urge Target to address immigration issues.
Fiddelke acknowledged the challenge but kept Target's growth as his priority.
Walmart's new chief executive officer John Furner enters a more stable environment with revenue growth and planned store upgrades.