Target names pres. for Canadian venture

MINNEAPOLIS -- Target announced that Tony Fisher has been named president of Target Canada. In this position, Fisher will be responsible for building the team, establishing the headquarters and leading the day-to-day operations of the corporation's recently announced expansion into Canada, the company reported.

"Tony has a strong sense of Target's unique culture, merchandising strategy and brand and a proven record of delivering results," said Michael Francis, chief marketing officer of Target and executive committee sponsor of Target Canada. "His positive energy, broad merchandise experience and keen understanding of what differentiates Target in the retail industry make Tony well-suited for this new role and position Target for success in Canada."

Last week, Target announced that the company has acquired leasehold interests in up to 220 sites from Zellers Inc. and plans to open 100 to 150 Target stores across Canada beginning in 2013.