Main article: History of Target Corporation Target's original bullseye logo, used from 1962 until 1968 Their retail formats include the discount store Target, the hypermarket SuperTarget, and "small-format" stores previously named CityTarget and TargetExpress before being consolidated under the Target branding. Map of Target stores in United States, as of December 2020Īs of 2023, Target operates 1,948 stores throughout the United States, and is ranked No. 32 on the 2022 Fortune 500 list of the largest U.S.
It suffered from a massive, highly publicized security breach of customer credit-card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United States.
The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. The company has found success as a cheap-chic player in the industry. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. The company is one of the largest American-owned private employers in the United States. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. Target Corporation is an American retail corporation headquartered in Minneapolis, Minnesota.
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