A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

Why did Larry Summers resign from OpenAI board? How will Nvidia earnings impact AI stocks? What caused Europe to delay AI regulations? Why is Target’s sales declining? How did Meta win the FTC antitrust case? What’s driving U.S. trade deficit narrowing? Why is the EU scaling back privacy laws?

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

fortune.com/2025/11/19/ceo-succession-walmart-target-doug-mcmillon-brian-cornell

A decade ago, on a Wednesday afternoon in September 2015, Target CEO Brian Cornell stood on stage at the Target Center arena in downtown Minneapolis beneath a Jumbotron projecting a chart showing how the retailer’s stock had dramatically outperformed that of its arch-rival, Walmart, in…

This story appeared on fortune.com, 2025-11-19 08:00:00.