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Target parts with chief merchandise exec as shakeup continues

Target is parting ways with its chief merchandising officer. Canadian Press

NEW YORK – Target says that its chief merchandising and supply chain officer, Kathryn Tesija, is exiting her post.

The retailer said in a regulatory filing on Thursday that Tesija, who also serves as executive vice-president, will move temporarily to a strategic adviser role on July 6. The company said she plans to leave the company in April 2016.

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Tesija had served in the roles since October 2012, according to CapitalIQ. She joined Target Corp. in 1986.

MORE: Complete coverage of Target Canada’s historic collapse

Target famously botched its foray into Canada under a management team that included Tesija. The discounter’s failure here has been blamed on woeful supply chain and prices that put off customers. Target ousted its former chief last summer.

Under CEO Brian Cornell, who joined the company in August, Target is emphasizing areas like fashion, children’s products and home furnishings. It is also bringing more organic, natural, gluten-free and locally produced food into its grocery sections.

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Target, based in Minneapolis, intends to eliminate $2 billion in spending over the next two years.

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