Just weeks after parting company with its CEO Gregg Steinhafel, general merchandise retailer Target Corporation has announced the departure of Tony Fisher, president of its struggling Canadian operations.

Mark Schindele, senior vice president of merchandising operations, will succeed Fisher and report to chief merchandising and supply chain officer Kathee Tesija.

In his current role, Schindele leads a global team and provides senior-level oversight to Target’s merchandising operations, including systems, global sourcing, and product development. 

"One of our key priorities is improving performance in Canada more rapidly and we believe it is important to be aggressive," said John Mulligan, interim president and CEO of Target Corp.

"We have a committed team who is focused on delivering an outstanding shopping experience to our Canadian guests and getting our performance on track."

"Mark's broad understanding of the retail industry and his record of leading global operations will help accelerate efforts to drive improvements across our Canadian business."

The Canadian business marked the US-based retailer's first international launch. But while the company operates 124 Target stores in Canada, it posted an EBIT loss of $329m in the fourth quarter.