Target Names President of Canadian Ops

Fisher joined Target in 1999 and most recently worked as vice president of merchandise operations. In 2010 he led the corporation's efforts to enhance guests' in-store shopping experience through technology advances and process improvements.

"Tony has a strong sense of Target's unique culture, merchandising strategy and brand and a proven record of delivering results," says 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 acquired leasehold interests in up to 220 sites from Canadian retailer Zellers for $1.825 billion and plans to open 100 to 150 Target stores across Canada beginning in 2013.