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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]
Target Stores increased its store count to 736 units in 38 states with $17.8 billion in sales, and remained the company's main area of growth while the other two department store subsidiaries underperformed.
Target Corporation, like many large retail and grocery chain stores, offers private brands.
In its earnings release, Target estimated that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year.
Is Target open on July 4th?? Here's what to know about Target's Independence Day hours, along with a list of other stores staying open and closed.
Target plans to close 12 stores, even as the retailer doubles down on the brick-and-mortar shopping experience. The stores are set to shutter on February 3, the Star Tribute reported.
This list ranks the largest retail companies, according to the British international consulting firm Deloitte .
By 1992, the number of Target stores had doubled during Ulrich's tenure, to just over 500, with just shy of fifty more opening each year. In 1994, Kenneth Macke retired as chairman and chief executive of Target's parent company, Dayton Hudson Corporation, and Ulrich succeeded him in the position.
Target stores carry toys, clothing, groceries, furniture, housewares, health and beauty aids, and more, stocking both national brand names and private-label Target brand products.
As of 2020, Target had 284 stores throughout Australia: 191 Target stores, and 93 Target Country stores. Target Country store in Kyabram , Victoria in 2012. This store closed in September 2020.