Target is the America's most loved retail corporation that offers discounted prices on quality products. Target sells a variety of goods including household items, apparel, food and pet supplies, decor, accessories, electronics, other entities under national brands as well as owned and exclusive brands. It operates 1800 plus stores all across the US and is headquartered in Minnesota, U.S.
Target first established itself in 1962, as a division offering discounts in the Dayton's Company of Minneapolis. Slowly and gradually it introduced new formats under the Target brand, and expanded. Currently, Target is ranked 37 in the Forbes 500 list of Largest US Corporations by the criteria of total revenue. The cheap-chic player is the rationale behind Target's achievements.
Target has successfully generated revenue by its in-store amenities like Target Café and licensed departments that include Starbucks with creative partnerships and exclusive designs. Target also offers pharmaceutical services in its retail stores as per an agreement with CVS Pharmacy. Target has a record of maintaining a solid revenue performance that is backed by its financial position, which has why its retail stores are recipients of several awards. Target is the only national retailer that employs a Garment Hanger reuse program.
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