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Report: Target Canada president to stay with company as senior VP, retail properties
Minneapolis – Although 550 Target Canada headquarters employees are being laid off as Target Corp. prepares to shut down its Canadian venture, the number one person will remain employed. According to the Minneapolis-St. Paul Business Journal, Target Canada president Mark Schindele will return to the company’s U.S. operation and assume a new position of senior VP of retail properties.
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Shopko exec becomes new Jo-Ann CEO
Jo-Ann Fabric and Craft Stores has named a new chief executive after announcing the search for a new leader in August.
The company announced the appointment of Jill Soltau as president, chief executive officer and a member of the board of directors of the company, effective March 2. Jim Kerr, who served as interim CEO, will continue as EVP and CFO of the company.

