Target Corp. named Michael Fiddelke as its next chief executive officer in a bid to revive their business as the company struggles to compete with rivals like Walmart.Target bets that Fiddelke, who currently serves as chief operating officer, will be key to turn things around for the storied retailer struggling with weak sales.The company said on Wednesday that its board unanimously voted to make Michael Fiddelke the new Target CEO starting February next year.Fiddelke is replacing Brian Cornell, who has been leading the retailer since 2014, as he begins to focus on his role as executive chair.Target shares slumped as much as 11 per cent in early trading on Wednesday, indicating that the Wall Street wanted an outsider to become CEO.Michael Fiddelke started out as an intern at Target in 2003. Over the years, he has held a wide range of roles in the retail company, including finance, merchandising, human resources and operations.As chief operating officer, and previously chief financial officer, Fiddelke has overseen investments to build and scale the company’s stores, supply chain, digital capabilities and team, which enabled exponential growth across the business.Also Read | Intel’s CEO Draws Support for Revival From SoftBank, TrumpBefore joining Target, he was employed with Deloitte. Michael Fiddelke has n MBA from Northwestern University’s Kellogg School of Management and a Bachelor of Science in industrial engineering from the University of Iowa.He said he’s stepping into the role with three urgent priorities: reclaiming the company’s merchandising authority; improving the shopping experience by making sure shelves are consistently stocked and stores are clean; and investing in technology at the company’s stores and in its supply network.“When we’re leading with swagger in our merchandising authority, when we have swagger in our marketing, and we’re setting the trend for retail, those are some of the moments I think that Target has been at its highest in my 20 years,” he said.Also Read | ‘My wife also felt bad’: L&T Chairman clarifies remark on working SundaysAlso Read | Why a change at the helm will not be the panacea for Vi’s illsTarget, which has about 1,980 US stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.