Target Corporation is an American retail corporation. The eighth-largest store in the United States, it is a component of the S&P 500 Index. Its largest competitors, Walmart and also Amazon.com, are the very first and second-largest sellers, respectively.
Target developed itself as the price cut division of the Dayton's Business of Minneapolis, Minnesota, in 1962; it started broadening the shop nationwide in the 1980s (as part of the Dayton-Hudson Firm) and introduced new shop styles under the Target brand name in the 1990s. The business has actually discovered success as a cheap-chic gamer in the sector. The parent firm was renamed the Target Firm in 2000, as well as divesting itself of its last department-store chains in 2004. It experienced an enormous and also very publicized safety breach of consumer charge card information and also the failure of its short-term Target Canada subsidiary in the early 2010s, however experienced revitalized success with its growth in urban markets within the USA. Since 2019, Target ran 1,844 stores throughout the USA. The firm is placed number 37 on the 2020 Fortune 500 list of the biggest USA companies by total profits. Their retail styles include the warehouse store Target, the hypermarket SuperTarget, and also "small-format" stores previously called CityTarget as well as TargetExpress prior to being settled under the Target branding.