It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.

Several big-box U.S. retailers are reporting second-quarter earnings this week, offering a glimpse into the spending habits of consumers and the continued impact of President Trump’s trade war. Here a

Target's stock is down, and Walmart's stock is up. Do you buy the stock performance winner or the loser of this matchup?

In 2025, Walmart has been a clear outperformer, up 12%, while Target has slumped 22%. Technicians tend not to believe too much in mean reversion, because once trends are in motion, they are more likely to remain in place rather than reverse. Expect this dynamic to continue.

Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending habits of U.S. consumers and the continued impact of President Trump’s trade war.

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup that was widely expected and likely overdue. Taking his place to steer the brand out of its malaise is … Cornell’s right-hand man.

Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.

Further, 49% of shoppers believe that Walmart is offering the best BTS deals this year, followed by Target (22%) and Amazon (12%).

Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).

According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, Target will need to increase its prices to twice the rate