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jordanlund@lemmy.worldM to Business@lemmy.worldEnglish · 2 months ago

Target CEO to step down as sales remain sluggish

abcnews.go.com

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Target CEO to step down as sales remain sluggish

abcnews.go.com

jordanlund@lemmy.worldM to Business@lemmy.worldEnglish · 2 months ago
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The company's chief operating officer will take over as CEO in February.
  • reddig33@lemmy.world
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    2 months ago

    He’s not stepping down. He’s stepping up — to chairman. The new CEO will report to him and nothing will change. How did this idiot get put in charge of Target, and how does he continue to fail upward?

    • jordanlund@lemmy.worldOPM
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      2 months ago

      Peter Principle:

      https://en.m.wikipedia.org/wiki/Peter_principle

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