About the Company
Target Corporation 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 corporation 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 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. 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 U.S. in the late twentieth 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 2023, Target operates 1,948 stores throughout the United States, and is ranked No. 32 on the 2022 Fortune 500 list of the largest U.S. 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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Latest $TGT News
Target cuts back on DVDs in stores, but games, vinyl safe
The retailer batted back rumors that it was halting sales of all physical media — though really the exclusive Taylor Swift ...
False Advertisement: Target Corporation Investigated by Levi & Korsinsky, LLP
NEW YORK, NY / ACCESSWIRE / April 22, 2024 / An independent laboratory Valisure recently identified the presence of benzene in products ...
Target Corporation (TGT)
Target Corporation (NYSE: TGT) today announced its limited-time pickleball collection in partnership with tennis and lifestyle brand Prince. Pickleball is the fastest-growing sport in the country1 ...
Target Revamps Loyalty Program With New Membership Tiers
Its program includes advancing its acclaimed Target Circle membership program for an even more tailored and seamless shopping ...
Illinois woman sues Target for collecting face, finger print scans without her consent
ILLINOIS (WLS) -- A woman filed a class action lawsuit against Target, accusing the retailer of storing customers' biometric ...
target corp.
Target is increasing bonuses for its salaried workforce after seeing profits rise in fiscal year 2023 even though sales dipped. This doesn't apply to hourly employees. Target shoppers will see ...
PAC Profile: Target Corp
*Based on data released by the Federal Election Commission on April 18, 2024 except for independent expenditure and communication cost, contributions to federal candidates, and contributions from ...
10-year-old rescue cat becomes a model for Target
Dr. Nicole Perreault, a veterinarian at St. Francis Veterinary Clinic in Isanti and founder and president of Tuff Start ...
Toyota fails to meet 10.1 mil. output target in FY 2023 amid scandals
Toyota Motor Corp. said Thursday its global production in fiscal 2023 grew 9.2 percent from a year earlier to a record 9.97 ...
Packaging Corporation of America (PKG): Strong Buy Rating Affirmed Amidst Growth and Positive Market Dynamics
In a report released yesterday, Gabrial Hajde from Wells Fargo upgraded Packaging (PKG – Research Report) to a Buy, with a price target ...
Target Corp.
No significant news for in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...
Target Hospitality Corp.
Target Hospitality Corp. engages in the provision of rental accommodation with catering and hospitality services. It operates through the following business segments: HFS South, Government ...
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