About the Company
Target Corporation, or simply Target, is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. The company is one of the largest American-owned private employers in the United States. The original Target retail store was co-founded by John Geisse and Douglas Dayton, the CEO of the Dayton corporation at that time. The Dayton corporation, now known as the Target Corporation, was the company John Geisse worked for when he founded the Target stores and was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened and founded by American businessman John F. Geisse in 1962. The company became the Dayton-Hudson Corporation after merging with the J. L. Hudson Company in 1969 and formerly held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. The parent company was renamed the Target Corporation in 2000. Despite the identical logo, name and similar type of outlets, Target Corporation is not affiliated with Target Australia. Target is notable for its focus on upscale, trend-forward merchandise at lower costs. Its stores typically sell general merchandise—including clothing, household goods, electronics, toys, and more—as well as groceries. Its name and logo refer to the center of a shooting target, and its canine mascot is named Bullseye. Target expanded throughout the United States in the late 20th century, cementing its place in American popular culture. Its main competitors include Walmart and Amazon. The corporation also operates 41 distribution centers, a financial services division, a global capabilities center in Bangalore, India, and two criminal forensics laboratories. As of 2024, Target operates 1,978 stores throughout the United States, and is ranked No. 32 on the 2022 Fortune 500 list of the largest American corporations by total revenue. It has been consistently ranked as one of the most philanthropic companies in the U.S. Attempts to take the chain international have proved unsuccessful. Target Corporation's headquarters is located on Nicollet Mall in Minneapolis.
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NYSE
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Latest News on TARGET CORP
Target Q2 Earnings Preview: Key Trends Investors Should Watch
The countdown is on for Target Corporation’s TGT second-quarter fiscal 2025 earnings release, set for Aug. 20, before the ...
Target is in trouble. We visited 3 stores across the US to find out why.
Target analysts are expecting mixed results when the retailer reports earnings on Wednesday. Business Insider visited stores ...
Target Q2 Preview: Can Digital Growth, Store Visits Recovery Overshadow Tariffs, Competition?
Target faces pressure from Walmart and Amazon. Could Q2 financial results show a recovery and strength in digital?
Target Expected to Post Another Quarter of Falling Sales -- Earnings Preview
EARNINGS: The retailer is expected to post a profit of $921.8 million, or $1.98 a share, down from $1.19 billion, or $2.57 a share, a year earlier, according to analysts surveyed by FactSet. On an ...
Target might need to raise prices nearly twice as much as Walmart to cushion tariff impact, analysts say
BofA analysts downgrade Target, saying the retailer is “underperforming peers on sales, digital growth, and investments.” ...
Target Corporation (TGT): I Thought The Ulta Beauty Partnership Ending Was Very Significant
We recently published 12 Latest Stocks On Jim Cramer’s Radar. Target Corporation (NYSE:TGT) is one of the stocks Jim Cramer ...
Target Reports Earnings Next Week. Investors Are Wary—or Worse—About Its Stock.
Can Target turn it around? That's the big question ahead of Wednesday morning, when the big retailer is set to report its ...
This popular retailer is leaving Target stores in 2026. Here’s why
Ulta Beauty and Target Corporation have announced they will not renew their popular shop-in-shop partnership when the current ...
Target and Ulta Beauty are parting ways next summer
Target and Ulta Beauty are parting ways next summer originally appeared on Bring Me The News. Ulta Beauty is exiting hundreds ...
Calling It Quits, Ulta Beauty And Target’s Partnership Unravels
By mutual agreement, Ulta Beauty and Target will end their five-year partnership in August 2026, impacting 600 Ulta-Target ...
Target Hospitality shares surge 10% after Stifel upgrade, bets on data centre expansion
Target Hospitality (NASDAQ: TH) shares jumped 10% after Stifel’s upgrade to Buy, citing a $43M data center contract and ...
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