Time finally ran out for Gregg Steinhafel — and now Target has the tough task of finding a new chairman, chief executive officer and president in the midst of the retailer’s ongoing struggles.
Steinhafel, 60, stepped down Monday after six years in the top job and several months of speculation he might be pushed out, sending Target’s shares down 3.5 percent on the New York Stock Exchange to close at $59.87. They have slowly recovered from the damage done by disclosures of a massive data breach in December since hitting a 52-week low of $54.66 in midday trading on Feb. 4.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)