Target's New CEO Michael Fiddelke Sees 'Real Work' and 'Opportunity' Ahead
Doug McMillon's 12 years as chief executive officer of the world's largest retailer had its share of difficulties.
He took the reins of what was then Wal-Mart Stores Inc. in 2014. The giant supercenter business was slowing. Complaints about low wages and unpredictable schedules for associates were rising. And after more than a decade of ruling the retail universe, Amazon was seen by many as grabbing the consumer throne.
Much more privately, McMillon had to manage all of that while sitting behind the desk of Sam Walton -- the big-box retail pioneer who took over the industry from Bentonville, Ark.
"I thought I kind of knew what that would be like because I'd reported to Lee [Scott] and Mike [Duke] and I'd been in Sam Walton's old office with them for years," McMillon told WWD last week, referring to the CEOs who preceded him.
On his first day in the proverbial corner office, McMillon went out with one of the company's many truck drivers and visited stores, starting a process that would see him jetting around the country, yellow pad in hand, to ask store associates what the company needed to do to...
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