Why Target ousted CEO Brian Cornell after he turned the US retail giant into a $100 billion powerhouse

Target's CEO, Brian Cornell, is stepping down amidst challenges including customer boycotts over DEI policy adjustments and declining sales. He will be succeeded by Michael Fiddelke. Target faces criticism for scaling back diversity initiatives, leading to backlash and impacting sales. The company is also grappling with operational issues and increased competition from Walmart, affecting customer experience and value perception.