What really happened at Target

Wondering what happened behind the scenes at Target leading up to the sudden departure of its CEO Gregg Steinhafel? A new story has emerged, one that paints a vivid picture of a retailer in decline.

Under Steinhafel's leadership, Target shifted from a culture rooted in experimentation and creativity to a more regimented bureaucratic organization where new initiatives were mired in red tape. Key executives ultimately revolted, insisting on Steinhafel's immediate dismissal. Story