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Target is in trouble. And while it’s easy to get lost in the company’s recent (poor) handling of American culture war narratives that cast it as too “woke” or too willing to cave to online fascists, the root of Target’s problems runs deep.
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Don’t get me wrong – the massive consumer boycotts from Black organizers have done damage. And there are probably folks on the far right who think even Target’s toned-down, overwhelmingly beige Pride merch this year was still too loud.
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But its stock is in the gutter and sales have been falling for two years because of good ol’ business fundamentals. It overstocked. It lost the pulse of its customers. It went up against Amazon Prime with… actually, does anyone know what Target’s Amazon Prime competitor is called?
The brand we petite bourgeoisie once playfully referred to as Tar-zhay has lost its spark. The company reported a decline in sales for a third-straight quarter, part of a broader trend of falling or flat sales for two years. Employees have lost confidence in the company’s direction. And 2025 has been a particularly rough financially, as Black shoppers organized a boycott over Target’s decision to cave to right-wing pressure on diverse hiring goals.
Shares were down 10% Wednesday.

It’s not to say the new guy, Michael Fiddelke, is unqualified. He’s been at Target since he started as an intern more than 20 years ago, after all. But Wall Street is clearly concerned that Target’s leadership is underestimating the severity of the need for a significant change— just as President Donald Trump’s tariffs on imported goods threaten the entire retail industry.

Appointing a company lifer “does not necessarily remedy the problems of entrenched groupthink and the inward-looking mindset that have plagued Target for years,” Neil Saunders, an analyst at GlobalData Retail, said in a note to clients Wednesday.

Missing the mark
In its 2010s heyday, Target became a go-to for consumers who liked a bargain but didn’t necessarily like bargain-hunting. The shelves felt well-curated. You’d go to Target because it had one thing you needed and 12 things you didn’t know you needed. It was stocked with Millennial cringe long before Gen Z gave us the term Millennial cringe.

Target’s sales held strong through the pandemic as remote workers set up home offices and stocked up on essentials. Months of lockdown also benefited the store as people began refreshing their spaces because they didn’t really have much else to do and they were staring at the same walls all the time.

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Rapid City, South Dakota (CNN) —Nestled in the Black Hills of South Dakota, Rapid City is a scenic urban getaway that hasn’t lost its small-town vibe.

While it’s the state’s second largest city, visitors can explore its greenway, museums, art and history, or indulge in craft beer and increasingly diverse dishes — all within a few minutes’ drive, walk or bicycle ride.
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And the surrounding landscape is home to enough natural and manmade wonders — from the Badlands to the Crazy Horse Memorial — to keep you busy for a week or more.

Historic City of Presidents
Rapid City promotes itself as the City of Presidents, a nod to its location 24 miles from South Dakota’s most iconic attraction, Mount Rushmore National Memorial.
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In town, locals know summer’s in full swing when tourists are snapping selfies with bronze statues of Harry S. Truman and Richard Nixon. Street corners throughout Rapid City’s historic downtown are home to life-sized sculptures of nearly all US presidents. (President Donald Trump’s statue has been unveiled and will be installed in fall 2025, and President Joe Biden’s statue is in progress).

The trail of presidents, which launched in 2000, is a self-guided experience. The visitor center downtown has a City of Presidents Guide, or you can download a digital version to take a walking tour or scavenger hunt.

“People love touring and looking at all the statues,” said Ally Formanek, CEO at Visit Rapid City, the city’s tourism office. “It’s a fun and unexpected way to learn about history.”

Founded in 1876 by disheartened gold prospectors, today downtown Rapid City is a mix of historic landmarks such as the 1928 Hotel Alex Johnson and the 1912 Elks Theatre, along with restaurants, coffee shops, specialty stores, boutiques and art galleries that reflect the busy modern city. An indoor aquaponics farm, sourdough and gluten-free bakeries, a meat market and deli specializing in locally raised beef, and a comedy club are some of the new additions to downtown, just in the past year.

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