Target Names Tony Fisher President of Canadian Operations

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Jan 18, 2011, 04:23 ET

MINNEAPOLIS, MN, Jan. 18 /PRNewswire-FirstCall/ - Target Corporation (NYSE: TGT) announced today 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.

"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 Corporation 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. The expansion will bring Target's broad assortment of unique, high-quality merchandise at exceptional values to Canadian guests coast-to-coast.

Fisher joined Target in 1999 and has held a variety of leadership positions at the company. He was most recently promoted to vice president of merchandise operations in 2010 where he led the corporation's efforts to enhance guests' in-store shopping experience through technology advances and process improvements.

About Target

Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,752 stores in 49 states across the U.S. and at Target.com. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than USD$3 million a week. For more information about Target's commitment to corporate responsibility, visit Target.com/hereforgood.

For more information, visit Target.com/Pressroom.

SOURCE Target Corporation