Mastermind Toys appointed Scott Nygaard to the newly created role of Special Advisor to The Board of Directors and CEO, effective immediately. In this role Nygaard will provide strategic and sustainable business recommendations and assist in the implementation of new practices across multiple business units, including purchasing, product procurement, vendor relations, and merchandising. He will report directly to Mastermind Toys Co-Founder and CEO Jon Levy and to the company’s Board of Directors.
Mr. Nygaard is a retail executive with more than two decades of experience at Target Corp., where he held various leadership roles. He was most recently senior vice president of merchandising where he led a large and diverse team and was responsible for more than $10 billion in revenue across four business units–including toys.
With 60 Canadian stores, Mastermind Toys will continue to expand its footprint across Canada adding 12 new locations this year. The company will open three new stores in the first quarter in Saskatoon, Saskatchewan; St. Albert (Edmonton), Alberta; and Hamilton, Ontario, with additional locations to be announced in the coming months, totaling 72 stores by the fall.