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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.
History of Target Corporation. Target's original bullseye logo, used from 1962 until 1968 [1] The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910.
On Monday, Target slashed prices on more than 1,500 items, ranging from laundry detergent to cat food to sunscreen, with thousands more price cuts expected over the summer. For example, the price ...
Target ended the quarter with almost $3.6 billion in cash. Second quarter earnings per share are projected to be $1.95 to $2.35, vs. estimates for $2.19.
A sample of Target's discounted items Here are some examples of price cuts already made and what categories will continue to see reductions: Good & Gather Unsalted Butter (1 lb) - $3.99 to $3.79
Target remains more associated with discretionary purchases than with groceries: It only gets about 20% of its sales from food compared with rival Walmart, which draws about 60%. As a result, it ...