Target's new CEO is thrown into crisis mode on day one

Michael Fiddelke starts his new job as Target CEO on February 1.

Bryan Bedder/Getty Images for Target

• Michael Fiddelke, who started at Target as a finance intern, takes over the top job at the retailer on Sunday.
• He must deal with declining sales and civil unrest in Minneapolis, the city where Target is based.
• The company's outgoing CEO will stay on as executive chairman, raising questions about how much change is possible.

Target's new CEO won't get a honeymoon period.