Target CEO Steps Down Amid Sales Decline, La-Z-Boy Slumps, Google Hires Steph Curry

Target Corporation Leadership Change

• 🎯 Target's CEO of the past ten years is stepping down in February due to slowing sales and predictions of further declines.
• ⚠️ The departure follows a period of weakened sales and calls for boycotts after the CEO removed certain initiatives.
• 💼 A company insider with 20 years of experience at Target will take over as the new CEO.
• 📉 Target shares fell nearly 7% following the announcement.

Market Performance and La-Z-Boy

• 📊 The broader market shows mixed performance, with the Dow flat and the Nasdaq down nearly 1%, impacted by a sell-off in the tech sector.
• 📉 La-Z-Boy experienced a significant decline, with shares dropping over 11% due to weaker-than-expected sales and higher costs.

Google's New Performance Advisor

• 🏀 Google has appointed basketball superstar Steph Curry as its performance advisor for Google Health and Fitbit wearable technology.