Target CEO says ‘busy families’ will be company’s focus as it seeks growth

This story was first published by Digiday sibling ModernRetail

One of the key messages from Target as it looks to turn around its sales slump under new CEO Michael Fiddelke is that it has sharpened its focus.

At its annual meeting with investors on Tuesday in Minneapolis, executives at the company constantly emphasized the changes it is making to appeal to “busy families.” With that renewed focus, the company is making tweaks to departments like food and baby, as well as services like same-day delivery, to cater to this critical demographic.

Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

,Read More

Ad Tech Briefing: Embattled, embittered and determined

Ad tech executives were keen to quell fears about their companies’ prospects amid the ongoing AI disruption, as Wall Street analysts peppered them with questions about declining revenue returns.

Related Insights


Despite record revenues, AppLovin’s growing e-commerce revenue stream came in below analyst expectations, and the company likewise suffered from the markets’ increasingly negative view of SaaS business models.

This is a member-exclusive article from Digiday. Continue reading it on digiday.com and subscribe to continue reading content like this.

,Read More