Target Corp. (NYSE: TGT) was founded in 1902 and is headquartered in Minneapolis, Minnesota. With 323,000 full-time employees, it is the second largest discount retail group company in the United States after Wal-Mart .
Target Corporation (TGT):
Target Corporation is a retail group company (supermarket) that provides household necessities, including:
- Pharmacy, beauty, personal care, baby care, cleaning and paper products;
- Dry groceries, dairy products, frozen foods, beverages, candy, snacks, cooked food, bread, meat, pet supplies;
- Men’s, boys, girls, toddlers, babies and newborns’ clothing, as well as underwear, jewelry, accessories and shoes;
- Provide furniture, lighting, kitchenware, small appliances, home decoration, bed and bath, furniture and decoration of home decoration and automotive products, as well as seasonal products such as terrace furniture and holiday decoration;
- Music, movies, books, computer software, sporting goods and toys, and electronic products such as video game hardware and software;
- Provide on-site consumption places, including: Target Café, Target Photo, Target Optical, Starbucks, etc.;
As of March 20, 2017, Target Corporation operated 1,806 stores in the United States.
Target Corporation (TGT) history:
- Target was named Dayton Dry Goods Company when it was founded in early 1902.
- The first Target mall opened in Roseville in 1962. Later it became the largest subsidiary of Dayton Hudson Corporation.
- Target established the first Target Greatland store.
- In 1995, the Target store was changed to a wedding shop.
- In 1995, Target opened the first Target supermarket, and at the same time, the company launched a credit card service project.
- In August 2000, Dayton Hudson Company officially changed its name to Target Corporation.
- On June 13, 2011, Target announced its investment in the Canadian market and plans to open 100 to 150 retail malls in 2013 by renting Zellers (Canada chain shopping malls) venues.
- As of January 15, 2015, Target has opened 1,934 stores in the United States (covering all states in the United States) and Canada, most of which are in the United States, with 1,801 stores; in Canada, 133 stores.
- On January 15, 2015, Target announced that all of its 133 Canadian outlets would be closed and liquidated before the end of 2015, and finally closed the last Canadian store on April 12, 2015, far exceeding the initial schedule.
Target Corporation (TGT) investment:
Target has adopted its own investment and development approach in the development of stores and distribution centers, supplemented by leasing.