Target Names New CEO, Hertz Partners with Amazon & Claire's Saves 950 Stores

Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl. In today's Retail Daily Minute:Target names 20-year company veteran Michael Fiddelke as next CEO, succeeding Brian Cornell despite investor preference for outside leadership as the retailer battles ongoing sales struggles.Hertz Car Sales launches on Amazon Autos as the platform's first fleet dealer, bringing thousands of pre-owned vehicles to Amazon's marketplace with initial rollout in four major markets.Claire's strikes a $140 million private equity deal with Ames Watson, pausing liquidation plans and saving up to 950 stores after the bankrupt tween retailer struggled for months to find a buyer.The Retail Daily Minute has been rocketing up the Feedspot charts, so stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!