the abrupt resignation of CEO Gregg Steinhafel, Target has fired the president of its troubled Canadian operations, Tony Fisher, and is replacing him with a 15-year U.S. company veteran.
ABC News reports that Mark Schindele, 45, who was senior vice president of merchandising operations, will now run the Canadian operation. Target's expansion into Canada last year marked its first foray outside the U.S. but it has struggled with weak sales and losses. Schindele has played a key role in launching new store format including an expanded grocery area, as well as Target Express and CityTarget in the U.S. He has also led a global team and provided senior-level oversight to Target's merchandising operations, including systems, global sourcing and product development.