Target Corporation (NYSE: TGT) is an American retail corporation and the seventh largest retailer in the United States. Founded in 1902 as Goodfellow Dry Goods, the first Target discount store...
Target Corporation (NYSE: TGT) is an American retail corporation and the seventh largest retailer in the United States. Founded in 1902 as Goodfellow Dry Goods, the first Target discount store opened in Roseville, Minnesota in 1962. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation. As of 2018, Target has four subsidiaries: Target Brands, Inc., Target Capital Corporation, Target Enterprise, Inc., and Target General Merchandise, Inc. As of December 31, 2023, Target has grown to over 1,956 stores in the US, with a presence in all 50 states and the District of Columbia, 58 national supply chain facilities, 2 corporate campuses in Minneapolis and Brooklyn Park Minnesota, plus 6 additional offices across the country, and a global capabilities center in Bengaluru, India. The company has an A long-term S&P Global credit rating, a 2023 market cap of $65.74B, and a 2023 reported revenue of $106.88B. They are headquartered in the Target Plaza in Minneapolis, MN.