Target CEO and Chairman Brian Cornell recently visited the Cloverdale Mall Target store in Toronto, along with Target Canada President Mark Schindele. Cornell told the Globe and Mail that he regularly visits the Canadian stores and has close involvement in the Canadian division. Other initiatives are lowering the prices of specific products, and accelerating delivery schedules for stores to receive merchandise more often.
The company has recently decided to postpone the decision to appoint a non-executive chairman with domestic experience for the Canadian operations. According to a company spokesperson, Cornell plans to personally spend time in Canada to assess the opportunities in this market first-hand prior to finding a non-executive chair for the company’s Canadian division. Cornell is very familiar with the Canadian market due to his work with a variety of companies over the years.
