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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. [3]
Apr 19, 2024 · In this article, we‘ll take an in-depth look at Target‘s target market, including key demographics, purchase behavior, and psychographics. We‘ll also examine how Target‘s customer strategy impacts its competitive positioning and outlook for the future.
Across much of the country, our typical Target stores average about 125,000 square feet; however, we’ve built the capabilities to open and operate stores in spaces of any size – from dense urban areas to sprawling suburbs to college campuses.
Learn more about the nearly 2,000 stores we operate, plus our supply chain facilities and headquarters locations.
- Target Corporation wasn't the company's original name. When New York native George D. Dayton opened the business now know as Target Corporation in 1902, he did so under the name Goodfellow's Dry Goods Company.
- The first Target store opened in the 1960s.
- The company used to also own department stores. What many people don't know is that Target's parent company, Target Corporation, didn't always just own Target stores.
- Target made its first $1 billion in sales in 1979. For the Target Corporation, 1979 was a monumental year. It was during this time that the company saw its first $1 billion in annual sales from its 74 Target stores alone—and to celebrate, they put on a "Billion Dollar Sale" for all their loyal customers.
Apr 21, 2024 · These demographic differences are reflected in the types of products each retailer offers, as well as their overall store experience. Target tends to have a larger selection of on-trend fashion, beauty, and home decor items, often displayed in eye-catching, Instagram-friendly vignettes.
Aug 28, 2014 · Target is among the most recognized retailers in the United States, with both a symbol (bulls eyes), store mascot (bulldog) and store color (red) that most consumers identify with without...
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