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Target Faces Pressure from Activist Investor Amid Sales Decline
ByAinvest
Sunday, Dec 28, 2025 6:57 pm ET1min read
Activist investor Toms Capital Investment Management (TCIM) has taken a significant stake in Target Corp, intensifying pressure on the retailer amid declining sales. TCIM has pushed for changes at Pringles maker Kellanova and US Steel. Target has appointed Michael Fiddelke to revive growth, and its stock has lost 28% this year. The activist stake represents Fiddelke's first major test ahead of becoming CEO in February.
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