Target Corporation
Target 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.[3] The company is one of the largest American-owned private employers in the United States.
Formerly |
|
---|---|
Type | Public |
Industry | Retail |
Founded |
|
Founders |
|
Headquarters | |
Number of locations | 1,948 stores (2023)[1] |
Area served | United States, Canada (formerly, see Target Canada) |
Key people | Brian C. Cornell (Chairman & CEO) |
Products | Clothing, designers, footwear, accessories, jewelry, beauty products, groceries, food, drinks, electronics, housewares, appliances, bedding, bath, furniture, home decor, books, toys, games, movies, music, lawn and garden, pet supplies, health and hygiene products, gifts, optical, snack bar, and pharmacy |
Revenue | US$109.1 billion (2022) |
US$3.848 billion (2022) | |
US$2.780 billion (2022) | |
Total assets | US$53.34 billion (2022) |
Total equity | US$11.23 billion (2022) |
Number of employees | 440,000 (2023) |
Parent |
|
Subsidiaries | Shipt |
Website | |
Footnotes / references [2] |
The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962. The company became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and formerly held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. The parent company was renamed the Target Corporation in 2000.
Target is notable for its focus on upscale, trend-forward merchandise at lower costs.[4] Its stores typically sell general merchandise—including clothing, household goods, electronics, toys, and more—as well as groceries. Its name and logo refer to the center of a shooting target, and its canine mascot is named Bullseye. Target expanded throughout the U.S. in the late twentieth century, cementing its place in American popular culture. Its main competitors include Walmart and Amazon. The corporation also operates 41 distribution centers, a financial services division, a global capabilities center in Bangalore, India, and two criminal forensics laboratories.
As of 2023, Target operates 1,948 stores throughout the United States,[2] and is ranked No. 32 on the 2022 Fortune 500 list of the largest U.S. corporations by total revenue.[5] It has been consistently ranked as one of the most philanthropic companies in the U.S. Attempts to take the chain international have proved unsuccessful. Target Corporation's headquarters is located on Nicollet Mall in Minneapolis.
History
The history of what would become Target Corporation first began in June 1902, when George Dayton purchased a company called Goodfellow Dry Goods. The company was renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota, in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation' after merging with the J. L. Hudson Company in 1969 and held ownership of several department-store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation.
Store formats/history
Target
The first Target discount store opened in Roseville, Minnesota, a suburb of Minneapolis–Saint Paul, on May 1, 1962.[7] Present-day properties are roughly 135,000 square feet (12,500 m2) and sell general merchandise, including hardlines and softlines.[8] While many Target stores follow a standard big-box architectural style,[9] the company has focused on "customizing each new store to ensure a locally relevant experience [...] that best fit the surrounding neighborhood's needs" since August 2006.[10] Initially, only SuperTarget locations operated Starbucks Coffee counters, although they were integrated into general-merchandise stores through their expanded partnership beginning in 2003.[11] Many Stores also feature Pizza Hut Express counters, along with Starbucks.
Target introduced the "PFresh" store prototype in 2006, which expanded its grocery selection in general-merchandise locations by upwards of 200%. Newly constructed stores that follow the PFresh format are roughly 1,500 sq ft (140 m2) larger than properties without groceries, although retain the Target branding because their offerings are considerably more limited than SuperTarget. PFresh sells perishable and frozen foods, baked goods, meat, and dairy. The company remodeled 109 stores accordingly in 2006, and renovated another 350 stores the following year.[12] The company's decision to close their garden centers opened floor space for PFresh expansion and larger seasonal departments beginning in 2010.[13]
CVS Health
On June 15, 2015, CVS Health announced an agreement with Target to acquire all of Target's pharmacies and clinic businesses for around $1.9 billion. The Target pharmacies were rebranded as CVS Health pharmacies, which totaled 1,672 pharmacies in February 2016. The Target clinics were also rebranded as MinuteClinic. The acquisition of the Target pharmacies enabled CVS to expand its market into Seattle, Denver, Portland, and Salt Lake City.[14][15]
SuperTarget
The first Target Greatland location opened in Apple Valley, Minnesota, in September 1990. They were about 50% larger than traditional Target stores, and pioneered company standards, including an increased number of checkout lanes and price scanners, larger aisles, expanded pharmacy and photography departments, and a food court. Target Greatland locations have since been converted to stores following the PFresh format beginning in 2009.[16]
The first SuperTarget hypermarket opened in Omaha, Nebraska, in 1995, and expanded upon the Target Greatland concept with the inclusion of a full grocery department.[7] The company expanded their grocery assortment in 2003 and adopted the modified tagline "Eat Well. Pay Less." (in reference to their tagline "Expect More. Pay Less.") in 2004.[7][17] In the early 2000s, 43 locations (of nearly 100) featured E-Trade trading stations, although they were all closed by June 2003 after E-Trade determined, "we were not able to make it into a profitable distribution channel."[18]
When comparing itself with rival Walmart Supercenter hypermarkets, then-chief executive Gregg Steinhafel opined that Walmart operates like "a grocer that happens to also sell general merchandise," where in contrast, its less aggressive expansion of SuperTarget stores is indicative of their position that the grocery industry as a "high-impact, low-cost" side project.[17] The company operated 239 SuperTarget locations as of September 2015;[19] they each encompass an estimate of 174,000 square feet (16,200 m2).[20]
In article written in August 2015, Target was quoted as saying, "Big or small, our stores have one thing in common: they're all Target."[21] Since then, newer stores have opened under the Target name.
Small-format Target
While typical Target locations are about 135,000 sq ft (12,500 m2), most "small-format" CityTarget stores are roughly 80,000 sq ft (7,400 m2). The first stores were opened in July 2012, in Chicago, Los Angeles, and Seattle;[8] the 160,000 square feet (15,000 m2) location in Boston is the largest CityTarget and opened in July 2015.[22] TargetExpress stores range from 14,000 to 21,000 sq ft (1,300 to 2,000 m2); the first opened in Dinkytown near the University of Minnesota in July 2014.[23] Products in these flexible-format properties are typically sold in smaller packages geared towards customers using public transportation. Locations built in college communities often carry an extended home department of apartment and dormitory furnishings.[24] In August 2015, Target announced that it would rename its nine CityTarget and five TargetExpress stores as Target beginning that October, deciding, "Big or small, our stores have one thing in common: they're all Target."[22] The first small-format stores under the unified naming scheme opened later that month in Chicago, Rosslyn, San Diego, and San Francisco.[25] The company opened a 45,000 square feet (4,200 m2) store in the Tribeca neighborhood of New York in October 2016. In that same month, three other similar-sized stores opened in Philadelphia, Cupertino, California, and the area around Pennsylvania State University.[4] Target opened a 22,000 sq ft (2,000 m2) store in Austin's Dobie Twenty21, adjacent to the UT-Austin campus.[26]
Nearly all of its planned openings through 2019 are small formats, which are less than 50,000 sq ft (4,600 m2).[4] The goal of these smaller-format stores is to win over the business of millennial customers. The nearly 30 new locations were to be situated in college towns or densely populated areas.[4]
Brands and subsidiaries
As of 2018, Target has four subsidiaries: Target Brands, Inc., Target Capital Corporation, Target Enterprise, Inc., and Target General Merchandise, Inc.[27]
Financial and Retail Services division
Financial and Retail Services (FRS), formerly Target Financial Services, issues Target's credit cards, known as the Target REDcard (formerly the Target Guest Card), issued through Target National Bank (formerly Retailers National Bank) for consumers and through Target Bank for businesses. FRS also oversees GiftCard balances. Target launched its PIN-x debit card, the Target Check Card, which was later rebranded as the Target Debit Card. The Target Debit Card withdraws funds from the customer's existing checking account, and allows for up to $40 "cash back". The debit card allows guests to save 5% off each purchase. In late 2017, Target replaced its REDcard slogan, "Save 5% Today, Tomorrow, & Everyday with Target REDcard", when it rolled out new benefits for REDcard holders by offering exclusive products on Target.com and preorders with "Everyday Savings. Exclusive Extras."
Target Sourcing Services
This global sourcing organization locates merchandise from around the world for Target and helps import the merchandise to the United States, including garments, furniture, bedding, and towels. Target Sourcing Services has 27 full-service offices, 48 quality-control offices, and seven concessionaires located throughout the world, and employs 1,200 people. Its engineers are responsible for evaluating the factories that do business with Target Corporation for quality, labor rights, and trans-shipment issues.[28] It was acquired by Target Corporation in 1998, was founded in 1916 as the Associated Merchandising Corporation, and was previously owned by the clients it served.[29] TSS ceased operations in its department-store group, the division of the former Associated Merchandising Corporation that acted as a buying office for Saks, Inc., Bloomingdale's, Stage Stores Inc., TJ Maxx, and Marshalls.[30]
Private-label brands
Target Brands is the company's brand-management division that oversees the company's private-label products. In addition, Bullseye (a white Bull Terrier), is Target's mascot.
- Good & Gather, a food and beverage brand, replaced Archer Farms and Simply Balanced.[31]
- Market Pantry, value grocery products
- Sutton & Dodge, a premium meat line
- Boots & Barkley, a pet food and supply line
- Embark, an outdoor gear line of camping and travel equipment
- Room Essentials, a low-end home-goods line
- Brightroom, a line of storage solutions
- Threshold, a premium furniture line
- Wondershop, a Christmas decoration brand
- Hyde and Eek, a Halloween decoration brand
- Fieldcrest, bedding and bath line in partnership with brand owner Iconix Brand Group
- up & up, offers essential commodities, including household, healthcare, beauty, baby, and personal-care products.
- Xhilaration, a line of intimate and sleepwear, along with swimwear.
Other private labels include brands launched in July 2016, during back-to-school sales.
- Pillowfort, a children's line of bedding
- Cat and Jack, a children's line of apparel and accessories
- Cloud Island, a baby's line of bedding and clothing
- Project 62, a household-goods line placed alongside Room Essentials
- Goodfellow & Co., a clothing and personal-care line for men, with the name being an homage to their beginnings as Goodfellow Dry Goods
- A New Day, a clothing line for women
- JoyLab, a fitness-clothing line for women
- Hearth and Hand, a home and lifestyle brand, in collaboration with designer Joanna Gaines
Eight Target private-label brands that launched in 2018:[32]
- Universal Thread, a denim lifestyle brand
- Opalhouse, eclectic home decor
- Heyday, a line of electronic accessories
- Original Use, male clothing brand targeting gen-Z and millennials
- Wild Fable, women's clothing brand targeting gen-Z
- Made By Design, a homelines brand, made up of home basics such as towels, cooking utensils, glassware, plates, pots, kitchen gadgets, and more
- Prologue, a line of sophisticated female clothing
- Smartly, essential a commodity brand, including household, healthcare, beauty, and personal-care products
In addition, Target released three new intimates, loungewear, and sleepwear brands for women on February 25, 2019:[33]
- Auden, an intimates and lingerie exclusive brand
- Stars Above, an in-house brand for sleepwear
- Colsie, an intimates and loungewear brand
On January 9, 2020, Target announced its new activewear brand, All In Motion, an athleisure line with products for men, women, boys, and girls.[34] The brand's logo plays homage to a previous Dayton's logo.[35]
On March 9, 2021, Target announced a new brand called Favorite Day, a brand that sells bakery, snacks, candy, premium ice cream, cake-decorating supplies, and beverage mixers and mocktails items. It launched on April 5, 2021.[36]
Former brands include:
- Cherokee, children's and women's clothing: On September 10, 2015, Target stores announced it would cease carrying the brand when its partnership with Cherokee Inc. expired on January 31, 2017. It was replaced by Cat & Jack.
- Circo, toddler's and kids clothing: The brand was replaced by Cat & Jack upon debut.
- Merona, a clothing brand purchased by Target in 1991
- Mossimo Supply Co., a clothing line, in partnership with the brand owner Iconix Brand Group
- Gilligan & O'Malley product lines of intimates and sleepwear were discontinued after the release of the brands Auden, Stars Above, and Colsie.
Website
Screenshot | |
Type of site | E-commerce |
---|---|
URL | www |
Commercial | Yes |
Registration | Optional but required for some features |
Launched | 2000 August 2011 (rebrand) |
Current status | Online |
Target.com owns and oversees the company's e-commerce initiatives, such as the Target.com domain. Founded in early 2000 as target.direct, it was formed by separating the company's existing e-commerce operations from its retailing division and combining it with its Rivertown Trading direct-marketing unit into a stand-alone subsidiary.[37] In 2002, target.direct and Amazon.com's subsidiary Amazon Enterprise Solutions created a partnership in which Amazon.com would provide order fulfillment and guest services for Target.com in exchange for fixed and variable fees. After the company sold Marshall Field's and Mervyn's in 2004, target.direct became Target.com. The domain target.com attracted at least 288 million visitors annually by 2008, according to a Compete.com survey.[38] In August 2009, Target announced that they would build and manage a new Target.com platform, independent of Amazon.com. This new platform was to launch in 2011, in advance of the holiday season. Prior to the announcement, Target and Amazon had extended their partnership until 2011.[39] In January 2010, Target announced their vendor partners for the re-platforming project. These partners include Sapient, IBM, Oracle, Endeca, Autonomy, Sterling Commerce, and Huge, among others.[40] The re-platformed Target.com officially launched on August 23, 2011, effectively ending the partnership with Amazon.com.[41] Over the last few years, Target has been working to grow their fulfillment strategy via the orders placed through their website.[42]
Former subsidiaries
- Target Portrait Studio was a chain of portrait studios that were located in select Target stores. The chain, which was operated by Lifetouch, opened in 1996 and ceased operations on January 28, 2017.[43]
- Target Garden Center was a chain of garden centers that were located in Target, Super Target, and Target Greatland stores. Around 260 Target stores in California, Nevada, Arizona, and Florida had garden centers. All of Target's garden centers closed in September 2010. Target spokesperson Jana O'Leary claimed that the reason why their garden centers closed was because that "the garden centers don't provide significant value to our guests. Also, it's no longer a profitable business for us."[44]
- Target Canada was the chain of Target stores in Canada. It was formed in 2013 when Target acquired Zellers leases and converted them into Target stores. Target Canada was in operation for two years until the closure of all stores in 2015.[45] The retail chain racked up losses of $2.1 billion in its brief lifespan, and the Canadian news media termed Target's foray into Canada as a "spectacular failure",[46] "an unmitigated disaster",[47] and "a gold standard case study in what retailers should not do when they enter a new market".[48]
Supply chain
As of May 2016, Target Corporation operates 41 distribution centers across the United States.[49] With the exception of vendor-supplied items, such as greeting cards and soda, these distribution centers ship items directly to Target stores. Also, unlike Walmart, Target's grocery selection does not come from their own distribution centers, but from the companies with whom Target has partnered.[50]
The retail chain's first distribution center opened in Fridley, Minnesota, in 1969. It included a computerized distribution system and was known as the Northern Distribution Center. During this time, the chain consisted of 17 stores after having expanded into Oklahoma and Texas.[51]
On August 9, 2004, Target announced to their suppliers that they were going to perform a trial on the effects of radio-frequency identification on the efficiency of supply chain management in the Dallas–Fort Worth metroplex. This trial involved one Target distribution center and 10 nearby Target stores. Here, RFID tags were placed on the bar codes of pallets and cartons to track the goods from the suppliers to the distribution center, and from the distribution center to the stores.[52] As of 2009, RFID had been phased out of the Dallas–Fort Worth stores. In 2016, Target planned to roll out the RFID technology at all 1,795 of its store locations across the United States.[53]
Target opened new distribution centers in 2006 (Rialto, California, DeKalb, Illinois) to support the growth of its stores. On January 27, 2009, Target announced the closing of its distribution center in Maumelle, Arkansas, the second-oldest in the company. The reason cited was the need to ensure that Target remains competitive in the long term.[54] In June 2009, Target opened a new distribution center to supply more than 60 stores in three states.[55]
SuperTarget and PFresh stores require fresh produce and refrigerated and frozen items. Food-distribution centers owned by SuperValu have been used by Target for many years. In October 2003, SuperValu's facility in Phoenix, Arizona, was converted to serve Target exclusively.[56] The same change was implemented at the SuperValu center in Fort Worth, Texas.[57] A new distribution center was constructed by Target in Lake City, Florida, to serve the Southeast, but it was operated by SuperValu until 2011, when it transitioned to Target.[56] A fourth center in Cedar Falls, Iowa, opened in 2009 and is unique in that it is located adjacent to a standard Target Distribution Center, each using the same dispatch office.[57] Other warehouses owned by SuperValu are still used in other regions, but Target plans to replace those over the next few years.[56] In Colorado, stores are serviced through FreshPack Produce Inc. of Denver.[50] In the mid-Atlantic region/Philadelphia market, C&S Wholesale Grocers services the fresh produce, meat, dairy, bakery, and frozen-food needs to PFresh stores. Target partnered with Swisslog Holding to use a semiautomated monorail picking system called the CaddyPick system for use in the food-distribution centers.
The company operates four facilities to receive shipments from overseas manufacturers and suppliers. They are located near ports at Rialto, California; Savannah, Georgia; Lacey, Washington; and Suffolk, Virginia. Merchandise received is sent directly to Regional Distribution Centers. Internet sales orders from the Target Direct division, which operates from the Target.com website, are processed by the facility in Woodbury, Minnesota, with some support from Savannah, Georgia, and other vendors. New centers opened in Ontario, California, and Tucson, Arizona, in 2009.[57] In 2021, during the COVID-19 pandemic, Target supply chain and inventory teams worked proactively to move products fast, and they hired more than 30,000 year-round supply chain team members to bolster their team.[58]
Several former Target Supply Chain Executives have been named Chief Supply Chain Officers at other large organizations across the United States. Notables are:
- Arthur Valdez - Starbucks[59],
- Alexis Depree - Nordstroms [60],
- Colin Yankee - Tractor Supply [61],
- Sean Halligan - RNDC [62],
- Amanda Martin - Neiman Marcus [63],
- Kristin Bauer - Footlocker [64],
- Moid Alwy - ATD [65],
- Mario Rivera - CVS [66],
- Derek Hornsby - Michaels Stores [67],
- Mark Irvin - Best Buy [68]
Distribution centers
- Reach forklifts at a Target distribution center.
- Target distribution center with a Swisslog CaddyPick system.
- T-3892 Target food distribution center in Lake City, Florida.
- T-0556 Target regional distribution center in Tifton, Georgia.
Distribution center | Type | Location |
---|---|---|
T-580 | Regional | Madison, Alabama |
T-588 | Regional | Phoenix, Arizona |
T-9478 | E-commerce fulfillment | Tucson, Arizona |
T-0553 | Regional | Fontana, California |
T-9479 | E-commerce Fulfillment | Ontario, California |
T-3806 | Regional | Rialto, California |
T-3807 | Import | Rialto, California |
T-3899 | Food | Rialto, California |
T-0593 | Regional | Shafter, California |
T-0555 | Regional | Woodland, California |
T-0554 | Regional | Pueblo, Colorado |
T-3892 | Food | Lake City, Florida |
T-3808 | Regional | Midway, Georgia |
T-3862 | Regional | Lawrenceville, Georgia |
T-3810 | Import | Savannah, Georgia |
T-0556 | Regional | Tifton, Georgia |
T-3865 |
|
Chicago, Illinois |
T-3897 | Consolidation Center | Elwood, Illinois |
T-9275 | Speciality Distribution (SDC) | Joliet, Illinois |
T-3809 | Regional | DeKalb, Illinois |
– | Central returns | Indianapolis, Indiana |
T-0559 | Regional | Indianapolis, Indiana |
T-0590 | Regional | Cedar Falls, Iowa |
T-3895 | Food | Cedar Falls, Iowa |
T-3803 | Regional | Topeka, Kansas |
T-0587 | Regional | Galesburg, Michigan |
T-0551 | Regional | Fridley, Minnesota |
T-9407 | E-commerce fulfillment | Woodbury, Minnesota |
T-3844 | E-commerce fulfillment | Perth Amboy, New Jersey |
T-3857 | Flow Center, UDC, RDC, E-commerce | Logan Township, New Jersey |
T-9156 | E-commerce fulfillment | Burlington, New Jersey |
T-3802 | Regional | Amsterdam, New York |
T-0579 | Regional | Wilton, New York |
T-3811 | Regional | Newton, North Carolina |
T-3880 | Food | West Jefferson, Ohio |
T-3804 | Regional | West Jefferson, Ohio |
T-0558 | Regional | Albany, Oregon |
T-0589 | Regional | Chambersburg, Pennsylvania |
T-1875 | E-commerce fulfillment | York, Pennsylvania |
T-3863 | Sortation Center | King of Prussia, Pennsylvania |
T-0594 | Regional | Lugoff, South Carolina |
T-3866 | Sortation Center | Austin, TX (opened late 2021) |
T-3861 | Sortation Center and E-commerce | Dallas, Texas (opened 2022) |
T-3897 | Food | Denton, Texas |
T-3859 | Regional | Houston, Texas (opened in 2022) |
T-3801 | Regional | Midlothian, Texas |
T-0578 | Regional | Tyler, Texas |
T-0560 | Regional | Stuarts Draft, Virginia |
T-3800 | Import | Suffolk, Virginia |
T-0600 | Import | Lacey, Washington |
T-0557 | Regional | Oconomowoc, Wisconsin |
Corporate affairs
Headquarters
Target Corporation has its headquarters on Nicollet Mall in Minneapolis[71] near the site of the original Goodfellows store.[72] The complex includes Target Plaza North and Target Plaza South. Ryan Companies developed the complex, and Ellerbe Becket served as the architect. Target had the roughly $260 million complex developed to provide one location of office space for 6,000 employees. The 14-story Target Plaza North has 600,000 square feet (56,000 m2) of office and retail space, while the 32-story Target Plaza South has 1,250,000 square feet (116,000 m2) of space.[73] In October 2014, Target completed construction of an 1,600,000 square feet corporate campus in Brooklyn Park, Minnesota called Target Northern Campus.[74]
Brian Cornell serves as board chairman and CEO of Target Corporation. In January 2016, Cornell began making home visits in an effort to understand better the needs and desires of his customers.[75] In January 2016, Target fired Tina Tyler from her job as chief stores officer. She was replaced with long-time employee Janna Potts.[76]
On August 26, 2020, the headquarters building was broken into and damaged during the Minneapolis false rumours riot.[77][78][79] Three Minnesota residents were later convicted of federal arson charges for setting fires inside the building during the riot.[80][81][82]
Diversity
The company states that "individuality may include a wide spectrum of attributes such as personal style, age, race, gender, ethnicity, sexual orientation, language, physical ability, religion, family, citizenship status, socio-economic circumstances, education, and life experiences."[83]
In February 2006, the National Federation of the Blind (NFB) filed a class action discrimination lawsuit in Northern California's Alameda County Superior Court, claiming that Target's commercial website contains "thousands of access barriers that make it difficult, if not impossible, for blind customers to use."[84] Target Corporation settled the lawsuit in October 2008, paying $6 million and agreeing to work with the NFB over the next three years improving the usability of the Target.com site.[85] August 24, 2009, the United States Equal Employment Opportunity Commission (EEOC) filed a discrimination lawsuit against Target Corporation for unlawfully denying reasonable accommodation to an employee with multiple disability-based impairments and substantially reducing his work hours due to the medical conditions.[86] According to the claims in the EEOC press release, Target's actions violated Title I of the Americans With Disabilities Act (ADA) and Title I of the Civil Rights Act of 1991.[87]
In February 2012, the company extended the team member discount to same-sex partners of employees. It had received a 100 on the Human Rights Campaign Corporate Equality Index Score, prior to donating funds to Minnesota Forward.[88]
The National Association for the Advancement of Colored People has repeatedly given Target failing grades on its annual Economic Reciprocity Initiative report card, a measure of the company's "commitment to the African-American citizenry". In 2003 and 2005, the NAACP has rated Target an "F" on this report; in 2004, Target was rated a "D−".[89][90][91] In 2006, when Target was asked why it didn't participate in the survey again,[92] a representative explained, "Target views diversity as being inclusive of all people from all different backgrounds, not just one group."[93]
In September 2020, Target published a "Workforce Diversity Report" indicating that 50% of Target's 350K employees are people of color, and over half are women. The report also stated that within the corporate leadership team, people of color account for 24% of the team and 42% are women. On a retail level, 33% of stores are managed by people of color, with more than half of management positions occupied by women.[94]
Philanthropy
Target is consistently ranked as one of the most philanthropic companies in the US. It ranked No. 22 in Fortune magazine's "World's Most Admired Companies" for 2010, largely in part to the donation efforts of the company as a whole.[95] According to a November 2005 Forbes article, it ranked as the highest cash-giving company in America in percentage of income given (2.1%).[96] Target donates around 5 percent of its pre-tax operating profit; it gives over $3 million a week (up from $2 million in years prior) to the communities in which it operates. It also gives a percentage of charges from its Target Visa to schools designated by the cardholders. To date, Target has given over $150 million to schools across the United States through this program.
Further evidence of Target's philanthropy can be found in the Target House complex in Memphis, Tennessee, a long-term housing solution for families of patients at the city's St. Jude Children's Research Hospital. The corporation led the way with more than $27 million in donations, which made available 96 fully furnished apartments for families needing to stay at St. Jude over 90 days.
Target has a no-solicitation rule at its properties, as it seeks to provide a "distraction-free shopping experience for its guests." Exemptions to this policy were previously made for the Salvation Army red kettles and bell-ringers outside Target stores during the holidays through Christmas. In 2004, however, Target asked the organization to explore alternate methods to partner with Target. Target donates to local Salvation Army chapters through its grant program and annually to the United Way of America (the Salvation Army is a member of the United Way coalition).
In 2005, Target and the Salvation Army[97] created a joint effort called "The Target/Salvation Army Wish List", where online shoppers could donate goods to the organization for hurricane victims by buying them directly from Target.com between November 25, 2005, and January 25, 2006. In 2006, they created another joint effort called "The Target/Salvation Army Angel Giving Tree",[98] which is an online version of the Salvation Army's Angel Tree program;[99] in addition to donating proceeds made from the sales of limited edition Harvey Lewis angel ornaments within Target's stores. During the Thanksgiving holiday of 2006, Target and the Salvation Army partnered with magician David Blaine to send several families on a shopping spree the morning of Black Friday. The challenge held that if Blaine could successfully work his way out of a spinning gyroscope by the morning of Black Friday, then several families would receive $500 shopping certificates. The challenge was completed successfully by Blaine.[100]
During disasters, Target has been a major benefactor for relief efforts. Target provided monetary and product donations during the September 11 attacks; it also donated money for relief efforts for the 2004 tsunami in South Asia and donated $1.5 million (US) to the American Red Cross in the aftermath of Hurricane Katrina in 2005. It also allowed its store properties in the affected area to be used as command centers for relief organizations and donated supplies such as water and bug spray.
Target will often donate its unused, returned or seasonal merchandise (particularly clothing) to Goodwill Industries.
Environmental record
In 2007, Target Corporation agreed to reduce its sales on all materials containing polyvinyl chloride (PVC).[101] Testers found toxic lead and phthalates and large amounts of PVC in toys, lunch boxes, baby bibs, jewelry, garden hoses, mini blinds, Christmas trees, and electronics.[101] Several studies have shown that chemicals in vinyl chloride can cause serious health problems for children and adults.[101] The University of Illinois Medical Center in Chicago states that people who use products containing PVC can become exposed with harmful toxic phthalates and lead, which eventually can become a big contributor with dioxins.[101] Lois Gibbs, executive director of the Center for Health, Environment, and Justice, stated, "Target is doing the right thing by moving away from PVC and switching to safer alternatives."[101] Other companies reducing the PVC on their shelves include Walmart, Microsoft, Johnson & Johnson, Nike, and Apple.[101] Target is beginning to reduce energy use with energy-efficient storefronts and reducing waste with recycling programs.[102] All Target stores in the United States use plastic carts with metal frames. In mid-2006, Target took it a step further when it began introducing a newer cart design made entirely of plastic. It also uses the same design in its hand-use baskets.[103]
Target released a 13-page report in 2007 that outlined their current and future plans for becoming more earth-friendly according to LEED. Such efforts include installing sand filtration systems for the stores' wastewater. Recycling programs will be aimed at garment hangers, corrugated cardboard, electronics, shopping carts, shrink wrap, construction wastes, carpeting, and ceiling tiles and roofing materials. All stores in Oklahoma will be partnered with Oklahoma Gas & Electric to exclusively use wind power for all Target stores in order to reduce greenhouse gas emissions. Stores nationwide use only LED and fluorescent lights and low-flow restrooms that reduce wastewater by 30%. Some Target stores are installing roof gardens or green roofs, which absorb stormwater and cut down on surface runoff, mitigate temperature fluctuations and provide habitats for birds. There are currently four green-roof Target stores in Chicago.
Target carries over 700 organic and alternative products from brands such as Archer Farms, Burt's Bees, and Method Products. They also sell clothes made from organic cotton, non-toxic cleaners, low-energy lighting and electronics, non-toxic and non-animal tested cosmetics, and furniture made from recycled materials. As of June 2007, Target has been offering reusable shopping bags as an alternative to disposable plastic bags. Target gift cards are made from corn-based resins. All of the stores' packaging is done with a modified paperboard/clamshell option and has goals for phasing out plastic wrap completely.[104]
In collaboration with MBH Architects, Target's first "green" building was a 100,000+ square foot Target store built-in 1995 in Fullerton, California. It was a part of the EPA Energy Star Showcase for its use of skylights that cut the original energy consumption by 24% with a 5-year payback.[105] Target and MBH Architects were awarded the "Green Lights Partner/Ally of the Year Award".[106]
Target is the only national retailer employing a Garment Hanger reuse program, which keeps millions of pounds of metal and plastic out of landfills. In 2007, this program prevented 434 million hangers from entering landfills.[107]
On June 15, 2009, the California Attorney General and 20 California District Attorneys filed a lawsuit in Alameda County alleging that Target stores across the state have been illegally dumping hazardous wastes in landfills.[108]
On October 1, 2009, Target Corporation agreed to pay a $600,000 civil penalty for importing and selling a variety of toys with lead paint levels that were higher than is legally allowed. The Consumer Products Safety Commission alleged that "Target knowingly imported and sold the illegal Chinese-made toys between May 2006 and August 2007."[109] A similar problem occurred a few months later in February 2010, when Target pulled Valentine's Day "message bears" from its shelves at the request of the California attorney general's office. The bears, which were manufactured in China, contained more lead than is permissible under federal law for children under 12.[110]
A class action suit was filed in 2014 in the U.S. District Court for the Northern District of Ohio, on behalf of consumers in Ohio that purchased Target-brand wet wipes. The lawsuit filed against Target Corporation alleges the retailer misled consumers by marking the packaging on its up & up® brand wipes as flushable and safe for sewer and septic systems. The lawsuit also alleges that so-called flushable wipes are a public health hazard because they are alleged to clog pumps at municipal waste-treatment facilities.[111]
On April 27, 2017, Target announced a corporate goal to install rooftop solar panels in 500 buildings by 2020 with each project reducing 15 to 40 percent of a property's energy needs. Target also unveiled its first solar installation in shape of the bullseye logo at a distribution center in Phoenix, Arizona.[112]
On December 5, 2018, Alameda County District Attorney O'Malley announced fining Target $7.4 million for putting illegal e-waste, medical supplies and private information into the garbage.[113]
On April 23, 2018, Target announced plans to accelerate their electric vehicle program by installing charging stations at more than 600 parking spaces at over 100 sites across 20 states.[114]
On March 17, 2022, Target announced its first net zero energy store in Vista, California.[115]
Customer privacy
In December 2013, a data breach of Target's systems affected up to 110 million customers.[116][117] Compromised customer information included names, phone numbers, email and mailing addresses.[118] In March 2015, Target reached a class-action settlement with affected consumers for $10 million (plus class-action attorney fees).[119] In May 2016, Target settled with affected banks and credit unions for $39 million (plus class-action attorney fees), of which $19 million would be disbursed by a MasterCard program.[120]
International operations
Target only operates in the United States as of 2023, however in the past, Target attempted to bring their stores to Canada. Therefore, other companies and trademarks that are under the name of "Target" outside of the United States are not owned by the Target Corporation.
There is a company in Australia with the same logo, and the same name, but these stores are not related. It could be possible that the copying of the branding was legal, or that the companies both ended up with the same name and logo by coincidence, as the logo of the Target Australia brand and the Target Corporation are obvious choices for the name "Target". Both Target Australia and the Target Corporation are the re-branded names and designs of older, also unrelated, stores.
Labor relations and team member offerings
In 2015, Target followed Walmart in raising its minimum wage to $9 per hour.[121] Two years later, Target announced that the minimum hourly wage would be increased to $11 by October 2017 and pledged to raise it to $15 (referred to as "living wage" by labor advocates) by 2020.[122][123] By April 2019, the company announced that it was on track to meet this goal, increasing its minimum wage to $13 per hour.[124] In June 2020, Target announced ahead of schedule that the minimum hourly wage would rise to $15 permanently, after previously announcing it to be temporary through July 4, 2020. As a thank you to store and distribution center team members who worked during the COVID-19 pandemic in the United States, Target also announced a one-time $200 bonus to be paid towards the end of July 2020. During the COVID-19 pandemic, Target began providing additional team member resources to help team members meet essential needs, obtain virtual healthcare, and take a paid leave of absence (based on certain medical or physical criteria that may cause exposure to coronavirus).[125][126] In February 2021, Target began offering all of its hourly employees up to four hours of pay when they get both doses of the COVID-19 vaccine as well as covering the cost of a Lyft ride, up to $15 each way, to the vaccination appointment.[127] In August 2021, Target announced a $200 million investion to offer debt-free degrees to more than 340,000 full-time and part-time team members at stores, distribution centers, and headquarters locations.
Corporate identity
Logo
- Target logo, 1962–1968
- Target logo, 1968–present
- Target logo, used as primary logo from 1968 to 2004 and secondary logo from 2004 to 2018
- Target logo, 2004–2018
- Target logo, 2018–present
- Target Greatland logo, 1990–2006
- Original SuperTarget logo, 1995–2006
- Second SuperTarget logo, 2006–2018
- CityTarget logo, 2012–2015
- TargetExpress logo, 2014–2015
- Super Target logo, 2004–2018
Differentiation from competitors
Since its founding, it has intended to differentiate its stores from its competitors by offering what it believes is more upscale, trend-forward merchandise at lower costs, rather than the traditional concept of focusing on low-priced goods. Douglas J. Dayton, one of the Dayton brothers, explained John Geisse's concept:
"We will offer high-quality merchandise at low margins because we are cutting expenses. We would much rather do this than trumpet dramatic price cuts on cheap merchandise."[51]
As a result, Target stores tend to attract younger customers than Walmart, among other competitors. The median Target shopper is 40, the youngest of all major discount retailers that Target competes directly against. The median household income of Target's customer base is roughly $64,000. Roughly 76% of Target customers are female, and more than 43% have children at home. About 80% have attended college and 57% have completed college.[128][129]
In October 2008, Target announced plans to fight the perception that their products are more expensive than those of other discount retailers. It added perishables to their inventory, cut back on discretionary items, and spent three-quarters of their marketing budget on advertising that emphasizes value and includes actual prices of items featured in ads. Target also planned to slow its expansion from about 100 stores a year down to 70 stores a year.[130][131][132]
Target stores are designed to be more attractive than large big-box stores by having wider aisles, drop ceilings, a more attractive presentation of merchandise, and generally cleaner fixtures. Special attention is given to the design of the store environment: graphics reinforce its advertising imagery, while shelves are dressed with contemporary signage, backdrops, and liners, often printed on inexpensive material such as paper, corrugated and foam boards. Some stores, particularly those in the vicinity of major airports, have a bullseye painted on the roof that can be seen from above: the stores in East Point, Georgia near Hartsfield-Jackson Atlanta International Airport; Rosemont, Illinois, near O'Hare International Airport; Potomac Yard, Virginia, near Ronald Reagan Washington National Airport; College Point, New York (Queens), east of LaGuardia Airport; and Richfield, Minnesota, adjacent to Minneapolis–St. Paul International Airport are among such locations. The location in Inglewood, California, near Los Angeles International Airport and SoFi Stadium, has an LED bullseye logo on its roof, made out of solar panels.[133] [134]
Target stores do not sell firearms. In the early 1990s, they ceased sales of toy guns that looked realistic and limited its toy gun selection to ones that were brightly colored and oddly shaped. In 2014, Target also "respectfully" asked their guests to leave any firearms at home when visiting the store.[135] They do not sell tobacco products and have not sold cigarettes since 1996.[136][137] Most Target stores do not play music, but may be changing that from 2017 with a rebranding process, adding music to the rebranded stores.[138]
Targét
Some people jokingly give Target the pseudo-French pronunciation /tɑːrˈʒeɪ/ tar-ZHAY, as though it were an upscale boutique.[139][140] Though this practice is often attributed to Oprah Winfrey's usage on her television show, it is first attested in 1962, the year the first Target store opened.[140] Target once sold a line of shoes called "Miss Targé;"[141] this was reinforced by a 1980s television advertisement starring Didi Conn. This pronunciation has also led some people to incorrectly believe that the company is French-owned.[50] In recognition of the nickname's popularity and cachet, Target Corporation licensed its new name and logo to Brand Central LLC in 2006, complete with an accent over the letter "E" for a new line of clothing aimed at more upscale fashion customers. The line, "Targét Couture", was originally sold in Los Angeles-based store Intuition, which deals with high-end brands.[142][143]
Nomenclature
Target uses a practice that was derived in 1989 from The Walt Disney Company[50] by calling its customers "Guests", its base-level employees "Team Members", and its supervisors "Team Leaders". Also, managers are known as "Executive Team Leaders (ETLs)", "Senior Team Leaders (SRTLs)", or "Service and Engagement Team Leaders (SETLs)", and the Store Manager is known as the "Store Team Leader (STL)", Further up the "chain of command" are "District Team Leaders (DTL)", "Group Team Leaders (GTL, sometimes also Group Vice President)", "Regional Team Leaders (RTL, sometimes also Regional Vice President)", and corporate-level executives.
This practice began to be revised in 2018 and became more widespread in 2019 as the Group Team Leader became the Group Operations Director. District Team Leader became the District Senior Director. The Store Team Leader became Store Director. Executive Team Leaders were shortened to Executive Team Lead. Other Team Leaders retained their title though some of the department names changed such as Guest Service Team Leader was renamed Service & Engagement Team Leader. Front of store team members was renamed Guest Advocates. Specialty areas in Style, Beauty and Tech are considered Consultants. Other areas such as General Merchandise, Presentation, Inbound, Fulfillment, Food Service and Reverse Logistics are considered Experts, and Assets Protection and Security Officers are Specialists. Distribution centers and the supply chain including corporate office refers to its employees as Team members, Operations manager, Senior operations manager, Distribution Director, Problem Solvers, and Leads.[144]
Product lines and partnerships
Target has many exclusive deals with various designers and name brands, including Finnish design company Marimekko; architect Michael Graves; athletic wear company Converse; Portland-based undergarment designer Pair of Thieves; Italian fashion label Fiorucci; fashion designers Lilly Pulitzer, Liz Lange, Mossimo Giannulli, and Isaac Mizrahi, among others.[145] To further increase its fashion profile, Target also created its fashion-forward Go International line, which hires famous designers to design collections available only for a few months.[146]
After hiring architect Michael Graves to design the scaffolding used to renovate the Washington Monument and contributing US$6 million to the restoration plan, Target introduced its first designer line of products in 1999, the Michael Graves Collection of housewares and home decor products.[146] Walmart and Kmart have followed Target's lead by signing exclusive designers to their stores as well.[147] Target also partners with well-established national brands to create exclusive collections for its stores.[146]
In 2005, Target introduced a major revision of prescription bottles, which it calls the ClearRx system. The redesigned bottles are color-coded, flattened-out and turned upside down, providing more room for the label. This system was based on the patent[148] by student Deborah Adler and was named one of TIME's "Most Amazing Inventions of 2005".[149] After Target sold their in-store pharmacy and clinic operations to CVS Health in December 2015, CVS discontinued the use of ClearRx.[150]
Sometimes manufacturers will create red-colored items exclusively for Target. In 2002, Nintendo produced a red special edition variant of the Game Boy Advance, which featured the Target logo above the screen.[151]
In 2005, IFC began a partnership with Target to promote a selection of independent films, both in Target stores and on IFC Monday nights at 9:00 pm Eastern. Originally titled IFC Cinema Red, the promotion was rebranded on-air as The Spotlight in 2007. The in-store headers refer to the selected titles as IFC Indies – Independent films chosen for Target by the Independent Film Channel.[152]
In 2016, Target began to enforce gender neutrality in its marketing of toys, and stopped explicitly listed specific toys as being for "boys" or "girls".[153] This change came after the store stopped color coding toy aisles with pink and blue for "girls" or "boys," respectively.[154] This practice was expanded with the February 2016 launch of new children's decor line, Pillowfort, which replaced its Circo brand and features more gender-neutral designs and color schemes.[155]
In February 2021, Target announced it would begin opening "mini Apple shops" in some of its stores.[156]
Gift cards
The Target GiftCard is the retailing division's stored-value card or gift card. Target sells more gift cards than any other retailer in the United States and is one of the top sellers, by dollars and units, in the world.[157] The unique designs of their cards contribute to their higher sales, as well as Target's policy of no expiration dates or service fees.[158] Past and current designs include lenticular, "scratch and sniff" (such as peppermint during the Christmas season), glow in the dark, LED light-up, a gift card on the side of a bubble blower, a gift card that can function as a CD-ROM, and even a gift card that allows the sender to record a voice message. A current environmentally friendly gift card is made from bioplastic manufactured from corn.[159] Target rolled out a new MP3 player gift card for the 2006 holiday season. It holds 12 songs and must be purchased with an initial value of at least $50.
Beginning in January 2010, Target Stores rolled out Mobile GiftCards, through which one can produce a GiftCard barcode on any web-capable cell phone. This data matrix barcode can be scanned at a Target POS like any physical card barcode, and balances can be stored, retrieved, and gifted with the convenience of a cell phone.[160]
Some of these unique design ideas are patented, and these patents are assigned to the Target Brands subsidiary. For example, some such Target GiftCard designs feature a wooden front side. On May 24, 2005, the United States Patent and Trademark Office granted U.S. patent D505,450 for the "ornamental design for credit or stored value card with wood layer" to inventors Amy L. Lauer and John D. Mayhew.[161] U.S. patent 7004398, for the "stored-value card assembly including a stored-value card, an edible product, and a wrapper", was granted to Michael R. Francis and Barry C. Brooks on February 28, 2006.[162] Both patents have been assigned by their inventors to Target Brands, Inc.
Target GiftCards are also collector's items. Some of the first gift cards issued are valued at over $300 (even though the card does not have any money on it). Every year, Target introduces new Holiday GiftCards. In 2007, Target's Holiday GiftCards featured a wind-up flashlight, a musical gift card, a gift card that lights up, and a scented gift card.
Target forensic services
In 2006, The Washington Post revealed that Target was operating two criminal forensics laboratories, one at its headquarters and the other in Las Vegas.[163] Originally, the lab was created with the role of investigating internal instances of theft, fraud, and other criminal actions that have occurred on its own properties. Eventually, the company began offering pro bono services to law enforcement agencies across the country. Target's Forensic Services has assisted agencies at all levels of government, including such federal agencies as the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Federal Bureau of Investigation, and the United States Secret Service.[164][165]
Criticism and controversy
Animal welfare concerns
In 2011, Mercy for Animals, a nonprofit organization dedicated to preventing cruelty to farmed animals and promoting compassionate food choices and policies, uncovered alleged animal abuse at a Target egg supplier, Sparboe Farms.[166]
The investigation received international media attention; it aired first on ABC's Good Morning America,[167] World News Tonight with Diane Sawyer,[168] and 20/20.[169] As a result of the investigation and the public outcry that followed, Target immediately discontinued its relationship with the company.[170][171][172] In January 2016, Target Corp. announced that it will discontinue the use of eggs from caged hens, and become entirely cage-free by 2025.[173]
LGBTQ
Pop star Lady Gaga was expected to give the store an exclusive expanded edition of her then upcoming album Born This Way, but she ended the deal after discovering that then CEO Gregg Steinhafel donated to a political action group that supported an anti-gay candidate.[174] Target apologized[175] and began its outward support of the LGBTQ community. In 2012, it began by stocking gay pride merchandise and donating half of the profits to GLSEN.[176] In 2014 it began featuring LGBTQ individuals and couples in national advertising.[177] In 2015, Target debuted their #takepride campaign, and partnered with GLSEN to produce a mini-documentary celebrating their 25th anniversary.[178][179] Target sponsors many LGBTQ non-profits including Human Rights Campaign, GLSEN, GLAAD, Family Equality Council, NGLCC and the Williams Institute. For the last three years, Target has been the presenting sponsor of GLAAD's Spirit Day. In 2017, Target was the founding partner of New York City's Pride Youth. Target was ranked by LGBTQ Consumers as a favorite brand in 2016 and 2017 by Community Marketing Inc's 10th and 11th Annual LGBT Community Surveys. Target has a score of 100 on the Human Rights Campaign Corporate Equality Index[180] for their corporate policies and practices pertinent to lesbian, gay, bisexual, transgender and queer employees. In 2019, Target donated $100,000 to GLSEN.[181]
2023 Pride Month merchandise backlash
In May 2023, Target received threats against team members in response to the stores' Pride Month merchandise. Several viral posts on social media incorrectly[182] claimed that "tuck-friendly" products were being sold to children, which sparked outrage among anti-LGBTQ groups. The products were quickly withdrawn from stores in Southern states, in order to avoid a "Bud Light situation".[183]
Consumer data usage
On February 12, 2012, The New York Times published an article which detailed a statistical model that Target had deployed which used customer data to assign guests a "pregnancy prediction score".[184] This article contained an account of a father who complained to a store manager about his teenage daughter receiving pregnancy-related coupons and subsequently discovered that his daughter was actually pregnant. This anecdote received wide coverage in other media outlets.[185][186][187] The public backlash focused on privacy concerns and companies using data mining techniques to infer sensitive information about customers, as well as perceived attempts to hide the influence of the model by interspersing pregnancy-related coupons in advertising for general household goods.[188] Target responded by defending its customer analytics program and stating that the resulting inferences were in compliance with federal and state health information laws.
The controversy also resulted in a wider conversation around informed consent and whether terms of service are sufficient to notify consumers of the potential use of data mining techniques.[189] In response to this and similar consumer concerns, the White House released a "Consumer Bill of Rights" which outlined consumer expectations for security, transparency, and corporate accountability when it comes to online data usage.[190][191]
"Bathroom policy" and boycott
In April 2016, Target announced on its website that it would allow transgender customers and employees access to use restrooms and changing areas that correspond with the gender with which they identify, except where local laws require otherwise.
The announcement read:
"We believe that everyone—every team member, every guest, and every community—deserves to be protected from discrimination, and treated equally. Consistent with this belief, Target supports the federal Equality Act, which provides protections to LGBT individuals, and opposes action that enables discrimination. In our stores, we demonstrate our commitment to an inclusive experience in many ways. Most relevant for the conversations currently underway, we welcome transgender team members and guests to use the restroom or fitting room facility that corresponds with their gender identity."[192]
The New York Times called this "the most prominent position taken by a national retailer".[193] In response, the American Family Association (AFA) launched a nationwide boycott; by April 28 about one million people had signed the AFA's petition.[194][195] Around the time of publicity about the policy, polls reported a drop from 42% to 38% of consumers noting they would shop at Target.[196] In mid-May, CEO Cornell said the boycott impacted "just a handful of stores across the country".[197]
Some observers, such as Fortune's Phil Wahba, believed that Target's bathroom policy may have caused part of Target's drop in shopper traffic during the second quarter of 2016. On August 17, Target announced it would add a third, private, single-stall locking bathroom at many of its stores.[198] In 2017, Cornell claimed not to know about, or have approved, the policy before it was published. The policy cost the business US$20 million and caused sales to fall nearly 6% in the three quarters following.[199]
Absence of AEDs in stores
In 2014, the California Supreme Court ruled that Target stores do not have a positive duty to keep automated external defibrillators (AEDs) in stores for purposes of first aid. This decision came after a 49-year-old woman died following a heart attack in a Target store, and two family members filed a wrongful-death lawsuit.[200][201]
Refusal to stock albums after digital release
Target initially refused to sell Frank Ocean's Channel Orange and Beyoncé's self-titled album, because those records were available to digital retailers, such as iTunes, before physical copies were made. Target representatives said that the earlier digital availability hurt how well those records would sell at Target stores and that stocking them might cause the corporation to lose money.[202][203]
Major sponsorships
Events
- Target often supports major awards shows, such as the Emmys, Golden Globes, Grammys, and Oscars.[204]
- Target Corporation is a major sponsor of the annual Minneapolis Aquatennial, where it hosts the Target Fireworks Show, the largest annual fireworks show west of the Mississippi River and the fourth-largest annual fireworks show in the United States.[205]
- Target was a sponsor of the 2006–2007 New Year's Times Square Ball drop, and had its logo placed on the confetti dropped during the celebrations, as well as specially designed "2007" glasses.[206]
Minnesota United FC
In January 2017, Minnesota United FC, a Major League Soccer expansion team debuting for the 2017 season, announced that Target would be the team's front-of-jersey match-kit sponsor, as well as sponsoring MLS overall. This brings one of the largest sponsors in the league, especially for an expansion team making its debut appearance. The team also has an advantage of having a large, well-known hometown brand versus an entity outside the region, in addition to the financial benefits of such a large sponsor.[207]
Major League Soccer and US Youth Soccer
In 2017, Target announced a series of national, local, and charitable initiatives that mark the retailer's largest-ever push into team sports. Target became an official partner of Major League Soccer in a multiyear deal that includes airtime during MLS broadcasts on Univision, FOX Sports, and ESPN, opportunities for in-stadium experiences, player appearances, and ownership of certain major MLS platforms.[208] Target also announced a $14 million commitment to local youth soccer through two new national initiatives—an $8 million local soccer grant program, and a $6 million partnership with the U.S. Soccer Foundation to build 100 new soccer play spaces by 2020.[209] Target is the official sponsor of 2017[210] and 2018[211] MLS All Star Games.
Extreme sports
Target sponsors professional freestyle motocross rider Nate Adams, pro snowboarder/skateboarder Shaun White, pro skateboarder Paul Rodriguez, pro BMX rider Mat Hoffman, and pro surfer Kolohe Andino.[212][213][214]
Motocross
Target sponsors Motocross and Supercross champion Ryan Dungey.
Chip Ganassi Racing
Target was a long-time sponsor of the IndyCar and NASCAR racing teams of Chip Ganassi Racing.[215] Target's relationship with Ganassi in IndyCar go back to 1990 when it began sponsoring Eddie Cheever. Some of their most famous drivers in the 1990s include Michael Andretti, Bryan Herta, and Arie Luyendyk. In the late 1990s, Target Chip Ganassi Racing had a four-year run of winning championships in CART, winning 1996 with Jimmy Vasser, 1997 and 1998 with Alex Zanardi, and 1999 with Juan Pablo Montoya.[216] Ganassi won their first Indianapolis 500 in 2000. The team moved full-time into the rival Indy Racing League in 2003,[217] and won in its first year of full-time competition, with Scott Dixon, who won the championship again in 2008. The 2009 season marked the 20th anniversary of the Target race program. Franchitti won his second career IndyCar championship, and with Scott Dixon finishing second, gave Target a one-two sweep in the IndyCar series. Dixon and Franchitti won 10 of 17 races (five each) and tied the team record from 1998 when Alex Zanardi and Jimmy Vasser combined to win 10 in the 19-race 1998 CART season. In 2010, Franchitti won the Indianapolis 500. He also won the series championship for the Target team, by five points over second-place finisher Will Power.[218]
In the 2002 NASCAR Winston Cup Series season, the No. 41 Chip Ganassi Target car was driven by Jimmy Spencer, and from 2003 to 2005, Casey Mears drove the car. In 2006, Reed Sorenson took over the 41 car when Mears moved to a different car on the same team. Sorenson drove the car through the 2008 season, and Target has also had some major sponsorship time on the Ganassi Racing No. 40 car with Dario Franchitti and Jeremy Mayfield, who subbed for the injured Franchitti. The 40 team has since been shut down. For 2009, the Target sponsorship moved to the No. 42 driven by Juan Pablo Montoya with the newly formed Earnhardt Ganassi Racing.[219] Target also sponsored Earnhardt Ganassi Racing's No. 8 car driven by Aric Almirola, which it co-sponsors in some races with other sponsors such as Guitar Hero and TomTom until the team was disbanded in May 2009. Kyle Larson took over the No. 42 car in 2014 and Target sponsored the No. 51 of Phoenix Racing for Larson's Sprint Cup Series debut.[220]
The Target Chip Ganassi[221] car driven by Dario Franchitti won the 94th running of the Indianapolis 500 on Sunday, May 30, 2010.[222]
Target ended its association with IndyCar racing at the end of the 2016 season.[223] In July 2017, Target announced that it would end its sponsorship of Ganassi's NASCAR team at the end of the year.[215]
Naming rights
Target owns the naming rights to the Minnesota Timberwolves' home, Target Center since it first opened in 1990.[224] Additionally, Target purchased the naming rights to the Minnesota Twins' home ballpark, Target Field, for an undisclosed amount. The sponsorship agreement expires in 2035.[225]
Radio
Target was the founding sponsor of the Weekend America radio program.
Finances
Year | Revenue in mil. US$ |
Net Income in mil. US$ |
Total Assets in bil. US$ |
Employees | Stores |
---|---|---|---|---|---|
2005 | 46,839 | 3,918 | 32,293 | 292,000 | 1,308 |
2006 | 106,839 | 2,408 | 34,995 | 338,000 | 1,397 |
2007 | 59,490 | 2,787 | 37,349 | 352,000 | 1,488 |
2008 | 63,637 | 2,849 | 44,560 | 366,000 | 1,591 |
2009 | 64,948 | 2,214 | 44,106 | 351,000 | 1,682 |
2010 | 65,357 | 2,488 | 44,533 | 351,000 | 1,740 |
2011 | 67,390 | 2,920 | 43,705 | 355,000 | 1,750 |
2012 | 69,865 | 2,929 | 46,630 | 365,000 | 1,763 |
2013 | 73,301 | 2,999 | 48,163 | 361,000 | 1,778 |
2014 | 71,279 | 1,971 | 44,553 | 366,000 | 1,917 |
2015 | 72,618 | 1,636 | 41,172 | 347,000 | 1,790 |
2016 | 73,785 | 3,363 | 40,262 | 341,000 | 1,792 |
2017 | 69,495 | 2,737 | 37,431 | 323,000 | 1,802 |
2018 | 71,879 | 2,934 | 38,999 | 345,000 | 1,822 |
2019 | 75,356 | 2,937 | 41,290 | 360,000 | 1,851 |
2020 | 78,112 | 3,281 | 42,779 | 368,000 | 1,904 |
2021 | 93,561 | 4,368 | 50,471 | 401,000 | 1,909 |
2022 | 106,005 | 6,946 | 53,811 | 450,000 | 1,926 |
2023 | 109,120 | 2,780 | 53,335 | 440,000 | 1,948 |
Carbon footprint
Target Corporation reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 2,192 Kt (−241 /-9.9% y-o-y).[227] There has been a consistent declining trend in reported emissions since 2016.
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 |
---|---|---|---|
2,643[228] | 2,592[229] | 2,433[230] | 2,192[227] |
In popular culture
- One of the earliest references to Target in popular culture is the film Career Opportunities (1991), written by John Hughes, in which an employee and a customer fall in love after hours inside a Target store.[231]
- American television program Saturday Night Live featured a recurring sketch in the 2000s starring the Target Lady, an overly enthusiastic Target cashier, played by cast member Kristen Wiig.
- Target is the namesake of an episode of the third season of American TV comedy Superstore. In the episode, an employee at the fictional big-box retailer "Cloud 9" leaves for a job at Target, and is accused of poaching employees.[232]
See also
References
- "Target's Locations". Target Corporate. Retrieved January 6, 2023.
- "US SEC: Form 10-K Target Corporation". U.S. Securities and Exchange Commission. March 8, 2022.
- "Top 100 Retailers 2022 List". STORES: NRF's Magazine. Retrieved August 15, 2022.
- Tuttle, Brad (October 5, 2016). "Why Target Is Focusing on Millennials and Cities Instead of Suburban Moms". Money.com. Archived from the original on May 1, 2022. Retrieved October 12, 2016.
- "Fortune 500: Target". Fortune. Archived from the original on December 30, 2022. Retrieved March 1, 2023.
- "Bullseye Love: The History of Target's Logo". April 24, 2014. Retrieved May 1, 2023.
- "Target Through the Years". Target Corporation. Archived from the original on September 16, 2019. Retrieved March 10, 2016.
- "Target Launches Smaller CityTarget Stores To Appeal To Urban Shoppers". The Huffington Post. AOL. July 18, 2012. Archived from the original on September 4, 2015. Retrieved October 6, 2015.
- "Target's 2016 store plan: urban, urban and more urban". Minneapolis/St. Paul Business Journal. American City Business Journals. December 23, 2015. Archived from the original on October 5, 2016. Retrieved March 10, 2016.
- "New Store, Big City: Target to Open in Queens, N.Y., in 2016". Target Corporation. August 26, 2015. Archived from the original on March 11, 2016. Retrieved March 10, 2016.
- "Target, Starbucks agree to add coffee shops to new Target stores". Louisville Business First. American City Business Journals. October 11, 2002. Archived from the original on August 18, 2015. Retrieved March 10, 2016.
- "Target to add the 'PFresh' (now referred to as 'Market') grocery concept at 350 stores". Minneapolis/St. Paul Business Journal. American City Business Journals. November 18, 2006. Archived from the original on October 13, 2012. Retrieved March 10, 2016.
- Morran, Chris (August 13, 2010). "Target Closing All Remaining Garden Centers". Consumerist. Archived from the original on March 11, 2016. Retrieved March 10, 2016.
- "CVS Health and Target Announce Completed Acquisition of Target's Pharmacy and Clinic Businesses". December 16, 2015. Archived from the original on May 5, 2019. Retrieved June 25, 2019.
- Taylor, Kate (February 3, 2016). "Target opening CVS pharmacies in stores is scary news for consumers". Business Insider. Archived from the original on June 25, 2019. Retrieved June 25, 2019.
- Moore, Paula (January 7, 2011). "Target to roll out 'PFresh' concept store at Belmar center in Lakewood". Denver Business Journal. American City Business Journals. Archived from the original on October 5, 2016. Retrieved March 10, 2016.
- Zimmerman, Ann (May 12, 2009). "Target Believes a Rebound Recipe Is in Grocery Aisle". Wall Street Journal. News Corp. Archived from the original on March 11, 2016. Retrieved March 10, 2006.
- "E-Trade closes trading stations". San Francisco Business Times. American City Business Journals. June 6, 2003. Archived from the original on February 28, 2016. Retrieved March 10, 2016.
- "Target Corporation Company Statistics". Statistic Brain Research Institute. September 3, 2015. Archived from the original on March 11, 2016. Retrieved March 10, 2016.
- Harris, Elizabeth (January 16, 2014). "Target Tests Small Store for Urban Shoppers as Young People Pick Cities Over Suburbs". The New York Times. Archived from the original on February 21, 2022. Retrieved March 10, 2016.
- "Keeping Things Simple: Rebranding our CityTarget and TargetExpress Stores". August 4, 2015. Archived from the original on March 23, 2019. Retrieved June 2, 2019.
- Halter, Nick (August 4, 2015). "Target's dropping its TargetExpress and CityTarget names for small stores". Minneapolis / St. Paul Business Journal. Archived from the original on August 8, 2015. Retrieved August 26, 2015.
- "Dinkytown mini-Target store will open in July" Archived September 12, 2014, at the Wayback Machine. Chusman & Wakefield Retail Services. July 7, 2014.
- Trinh, Jean (October 17, 2015). "Target Stores Planned For Koreatown And Near USC". LAist. Archived from the original on October 29, 2015. Retrieved November 5, 2015.
- "Keeping Things Simple: Rebranding our CityTarget and TargetExpress Stores". A Bullseye View. Target Corporation. August 4, 2015. Archived from the original on September 5, 2015. Retrieved October 6, 2015.
- O'Toole, Emily (September 20, 2017). "Target in Dobie will bring more than 50 new jobs to campus". The Daily Texan. Archived from the original on December 5, 2021. Retrieved August 23, 2021.
- "List of Significant Subsidiaries". SEC.gov. SEC. Archived from the original on March 1, 2019. Retrieved February 28, 2019.
- "Vendor Compliance". Target Corporation. Archived from the original on November 5, 2013.
- Lavergne, M. (2015). Fixing Fashion: Rethinking the Way We Make, Market and Buy Our Clothes. New Society Publishers. p. 57. ISBN 978-1-55092-595-1. Retrieved May 16, 2023.
- "Associated Merchandising Corporation". The American Chamber of Commerce in Thailand. Archived from the original on July 22, 2010. Retrieved March 27, 2007.
- "Target launching private label in fight for grocery share". finance.yahoo.com. August 19, 2019. Archived from the original on August 19, 2019. Retrieved August 19, 2019.
- "8 Target private label brands that launched this year". Retail Dive. Archived from the original on April 24, 2019. Retrieved April 24, 2019.
- "Finding the Perfect Bra—and More—Is Now Easier and More Affordable at Target". Target Corporate. Archived from the original on March 23, 2019. Retrieved May 6, 2019.
- "New Year, New Us: Target's Newest Brand Celebrates the Joy of Movement for ALL Families". Target Corporate. Archived from the original on February 22, 2020. Retrieved February 22, 2020.
- Ewoldt, John (January 11, 2020). "Stamped on Target's new athleticwear: an homage to its parent, Dayton's". Star Tribune. Archived from the original on May 6, 2021. Retrieved January 10, 2022.
- "Target's Newest Owned Brand is About to Become Your *Favorite* Indulgence". Target Corporate. Archived from the original on May 15, 2021. Retrieved May 14, 2021.
- "Target is the name". Discount Store News. February 21, 2000. Archived from the original on March 12, 2007.
- "Site Profile for target.com (rank #28) | Compete". Siteanalytics.compete.com. Archived from the original on May 22, 2011. Retrieved February 21, 2010.
- "Target to Build and Manage New Target.com Platform / Target Corp". Target. August 7, 2009. Archived from the original on April 1, 2012. Retrieved November 25, 2011.
- "Target.com Announces Vendor Partners for Re-platforming Effort / Target Corp". Target. January 11, 2010. Archived from the original on November 22, 2011. Retrieved November 25, 2011.
- "Target Launches Redesigned E-Commerce Website / Target Corp". Target. August 23, 2011. Archived from the original on December 6, 2011. Retrieved November 25, 2011.
- "Target Announces Investments to Drive Long-term Growth". Target Corporate. Retrieved October 12, 2022.
- Gajanan, Mahita (January 11, 2017). "Target will close its remaining portrait studios". Fortune. Archived from the original on May 6, 2018. Retrieved May 5, 2018.
- O'Leary, Jana. "Target Closes Garden Centers".
- Castaldo, Joe. "The Last Days of Target". Canadian Business. Archived from the original on March 1, 2019. Retrieved February 28, 2019.
- Amanda Lang, Target admits it missed the mark, but what does it mean for Canadian retail? Archived March 19, 2016, at the Wayback Machine, CBC News (January 15, 2015).
- Jason Kirby, Hey Target, here's how you expand into Canada, courtesy of Wal-Mart Archived March 9, 2016, at the Wayback Machine, Maclean's (August 20, 2014).
- Hollie Shaw, Target Corp's spectacular Canada flop: A gold standard case study for what retailers shouldn't do Archived March 4, 2016, at the Wayback Machine, Financial Post (January 15, 2016).
- "Target Corporate Fact Sheet". corporate.target.com. Archived from the original on July 17, 2016. Retrieved May 31, 2016.
- Rowley, Laura (2003). On Target: How the World's Hottest Retailer Hit a Bull's-eye. Hoboken, New Jersey: John Wiley & Sons. ISBN 0-471-25067-8.
- From Roseville to Greatland, Target still hits the mark, Discount Store News, September 17, 1990.
- "Target Meets With Suppliers About RFID Plans". InformationWeek. August 10, 2004. Archived from the original on December 14, 2005. Retrieved December 14, 2005.
- "Target Announces Nationwide RFID Rollout | RFID JOURNAL". www.rfidjournal.com. May 20, 2015. Archived from the original on July 14, 2020. Retrieved July 14, 2020.
- "Target announces workforce reduction". January 29, 2009. Archived from the original on March 23, 2019. Retrieved February 20, 2009.
- "Target distribution center opens in Newton". WBTV. August 11, 2009. Archived from the original on September 5, 2019. Retrieved September 5, 2019.
- "Target aims for FL food distribution center". Refrigerated Transporter. February 1, 2007. Archived from the original on April 13, 2009. Retrieved August 24, 2009.
- "Target Stores, Target Distribution Centers". Target. Archived from the original on September 4, 2009. Retrieved August 24, 2009.
- "Checking in on Target's Holiday Supply Chain Strategy". Target Corporate. Archived from the original on November 28, 2021. Retrieved November 28, 2021.
- https://www.bizjournals.com/seattle/news/2023/07/21/arthur-valdez-starbucks-target-logistics-chief.html
- https://www.supplychaindive.com/news/nordstrom-supply-chain-c-suite-amazon/592608/
- https://corporate.tractorsupply.com/investor-relations/governance/board-of-directors/person-details/default.aspx?ItemId=4ab8f56c-0cfd-4ef8-95bc-669c09c172f2
- https://www.rndc-usa.com/rndc-announces-chief-supply-chain-officer-executive-vice-president/
- https://www.retaildive.com/news/neiman-marcus-names-new-technology-and-supply-chain-chiefs/617344/
- https://sgbonline.com/exec-foot-locker-inc-makes-flurry-of-new-appointments-to-address-a-changing-marketplace/
- https://www.prnewswire.com/news-releases/atd-expands-leadership-team-names-chief-supply-chain-officer-301606903.html
- https://www.chaindrugreview.com/cvs-health-names-mario-rivera-svp-of-supply-chain/
- https://www.michaelspressroom.com/about/management-team
- https://corporate.bestbuy.com/our-leadership/mark-irvin/
- Target Lights create evolving Minneapolis landmark Archived November 4, 2016, at the Wayback Machine, Minneapolis/St. Paul Business Journal, April 11, 2003.
- "Target Mpls skyline light show to go high def". Minneapolis / St. Paul Business Journal. May 13, 2011. Archived from the original on February 3, 2014. Retrieved June 15, 2015.
- "Corporate Headquarters." Archived November 18, 2010, at the Wayback Machine. Target Corporation. Retrieved on July 8, 2010. "Target Corporate Headquarters 1000 Nicollet Mall Minneapolis, MN 55440"
- Peloquin, Jahna (October 22, 2017). "Can the Dayton's Project Bring Back the Magic of Dayton's?". Minnesota Monthly. Archived from the original on February 21, 2022. Retrieved April 7, 2021.
- "Target Office Towers." Archived January 17, 2012, at the Wayback Machine. City of Minneapolis. Retrieved on July 8, 2010.
- "Target Northern Campus | Ryan Companies". www.ryancompanies.com. Retrieved July 27, 2023.
- Crosby, Jackie (January 20, 2016). "Target CEO Brian Cornell visiting homes of customers". Star Tribune. Archived from the original on January 22, 2016. Retrieved January 21, 2016.
- Ziobro, Paul (January 19, 2016). "Home Depot Replaces Head of U.S. Stores Business". Wall Street Journal. Archived from the original on January 21, 2016. Retrieved January 21, 2016.
- "Minneapolis police say shooting suspect died by suicide on Nicollet Mall, video released\". Fox 9. August 26, 2020. Archived from the original on August 27, 2020. Retrieved August 27, 2020.
- "A list of the buildings damaged during rioting in Minneapolis". Maven Networks. August 27, 2020. Archived from the original on August 28, 2020. Retrieved August 27, 2020.
- "Looting Along Nicollet Mall Leaves Downtown Minneapolis Shattered; Mayor Says More Destruction Will 'Not Be Tolerated'". CBS Minnesota. August 27, 2020. Archived from the original on February 10, 2021. Retrieved August 27, 2020.
- "Two Men Plead Guilty To Arson Of Target Corporation Headquarters". www.justice.gov. U.S. Attorney's Office, District of Minnesota. January 25, 2021. Archived from the original on December 9, 2021. Retrieved August 13, 2021.
- "Federal Jury Convicts St. Paul Man in Target Headquarters Arson". www.justice.gov. U.S. Attorney's Office, District of Minnesota. August 12, 2021. Archived from the original on December 7, 2021. Retrieved August 13, 2021.
- Xiong, Chao. "At least 19 charged with burglary, assault in Minneapolis riot". Star Tribune. Archived from the original on February 10, 2021. Retrieved December 1, 2021.
- Diversity Statement Archived June 29, 2006, at the Wayback Machine, Target Corporation.
- Meyers, Michelle. "Blind patrons sue Target for site inaccessibility – CNET News". CNET. Archived from the original on August 7, 2009. Retrieved February 21, 2010.
- Alexander, Steve (August 27, 2008). "Target settles suit over Web access". Star Tribune. Archived from the original on October 15, 2012. Retrieved February 21, 2010.
- "EEOC Sues Target For Disability Discrimination". ABC. August 25, 2009. Archived from the original on December 13, 2013. Retrieved January 1, 2013.
- "Target Stores Sued For Disability Discrimination". Equal Opportunity Employment Commission. Archived from the original on September 10, 2009. Retrieved February 21, 2010.
- "Profile: Target Corp". Human Rights Campaign. Archived from the original on July 22, 2010. Retrieved July 30, 2010.
- "NAACP General Merchandising Industry Report Card" (PDF). National Association for the Advancement of Colored People. Archived from the original (PDF) on February 13, 2006.
- "NAACP 2005 Industry Surveys Give Five Major Industries "C" and "D" Grades". National Association for the Advancement of Colored People. Archived from the original on May 24, 2011.
- "NAACP General Merchandising Industry Report Card" (PDF). National Association for the Advancement of Colored People. Archived from the original (PDF) on February 13, 2006.
- "2006 General Merchandising Industry Report Card". National Association for the Advancement of Colored People. Archived from the original on November 30, 2006.
- Erin Texeira (July 18, 2006). "NAACP Issues Corporate Report Cards". The Washington Post. Associated Press. Archived from the original on April 28, 2018. Retrieved September 15, 2017.
- "Target touts diversity gains, pledges to hire more Black employees – RetailWire". September 11, 2020. Archived from the original on April 23, 2021. Retrieved April 7, 2021.
- "World's Most Admired Companies". CNN. Archived from the original on November 29, 2010. Retrieved December 5, 2010.
- The Most Charitable Companies, Forbes, November 14, 2005.
- Target and The Salvation Army Announce Partnership Archived February 22, 2006, at the Wayback Machine, The Salvation Army, November 14, 2005.
- Target Launches Multi-Faceted Christmas Partnership With The Salvation Army Archived November 22, 2006, at the Wayback Machine, The Salvation Army, November 14, 2006.
- Salvation Army Giving Tree Archived November 28, 2005, at the Wayback Machine, Target.com.
- Magician David Blaine Ends Latest Stunt by Escaping From Gyroscope in NYC Archived April 30, 2008, at the Wayback Machine, FOXNews.com, November 24, 2006.
- "Target Stores to Phase Out Vinyl Plastic Products". Environment News Service. November 12, 2007. Archived from the original on February 28, 2010. Retrieved May 4, 2008.
- "Green Commerce Is Good Commerce". December 5, 2007. Archived from the original on May 12, 2008. Retrieved June 15, 2015.
- "Target All Plastic Shopping Cart – Past Winners – International Plastics Design Competition". January 7, 2010. Archived from the original on September 7, 2012.
- Target Corporation. "Environmental Responsibility." Target Corporation Responsibility Report Archived May 29, 2008, at the Wayback Machine. June 2007. Date Accessed: April 16, 2008
- Dobrovolny, Peter. "Sustainability: High Performance Buildings Deliver Increased Retail Sales." Archived April 5, 2005, at the Wayback Machine. Seattle.gov. Date accessed: March 17, 2008
- Brookter, Carolyn. "Target receives National Energy-efficiency award; EPA Partnerships Signify Commitment to Environment and Communities." Archived May 8, 2008, at the Wayback Machine. Business Wire. June 4, 1996. Date accessed: April 16, 2008.
- "On Target with Sustainability". RecycleNation. Archived from the original on January 25, 2022. Retrieved January 25, 2022.
- "Attorney general targets Target". Press-Banner. Scotts Valley, Calif. June 26, 2009. Archived from the original on July 15, 2011. Retrieved February 21, 2010.
- Target penalized for toys with lead paint Archived February 21, 2022, at the Wayback Machine, AZ Central. August 1, 2009. Retrieved June 27, 2013.
- "Target Bears Recall (Photo) "Message Bears" for Valentine's Day Pulled". National Ledger. February 10, 2010. Archived from the original on March 2, 2010. Retrieved February 10, 2010.
- Lorenzo B. Cellini; Tycko & Zavareei LLP (April 18, 2014). "Class Action Lawsuit Alleges That Target-Brand Flushable Wipes Are Not Suitable For Flushing And Can Clog Pipes And Damage Sewer And Septic Systems". The National Law Review. Archived from the original on April 19, 2014. Retrieved April 19, 2014.
- "Hello, Sunshine: See Target's Latest Solar Installations Take Shape". Target Corporate. Retrieved July 27, 2023.
- "$7.4M Settlement with Target for Environmental Violations". Alameda County District Attorney's Office. Archived from the original on December 14, 2018. Retrieved December 14, 2018.
- "Target's Charging Up Its Electric Vehicle Program to Reach More Than 20 States". Target Corporate. Retrieved July 27, 2023.
- "Go Behind the Scenes at Target's First Net Zero Energy Store — Our Most Sustainable Facility Yet". Target Corporate. Retrieved July 27, 2023.
- "Target says data breach up to 110 mn customers." Archived January 12, 2014, at the Wayback Machine. AFP. Retrieved on December 27, 2013.
- "Target confirms encrypted PIN data stolen." Archived October 31, 2017, at the Wayback Machine. USA Today. Retrieved on May 23, 2015.
- "Target: Breach affected millions more customers". Archived April 25, 2017, at the Wayback Machine. Yahoo! Finance. Retrieved on May 22, 2015.
- Charles Riley and Jose Pagliery (March 19, 2015). "Target will pay hack victims $10 million". CNNMoney. Archived from the original on September 26, 2020. Retrieved August 3, 2020.
- "Target Data Breach Settlement With Banks Gets Final OK". Bloomberg BNA/Bloomberg Law. Archived from the original on May 19, 2016. Retrieved May 21, 2016.
- Nandita Bose (April 18, 2016). "Exclusive: Target increases minimum wage to $10 an hour – sources". Reuters. Archived from the original on May 30, 2020. Retrieved May 22, 2020.
Target ... raised its minimum pay rate in April 2015 to $9 an hour, up from the federal minimum wage of $7.25 per hour at the time.
- "Target raises its minimum wage and promises to get to $15 per hour by the end of 2020". Business Insider. September 25, 2017. Archived from the original on September 25, 2017. Retrieved September 26, 2017.
- "Fight for $15 protesters across US demand living wage in day of action". Guardian. April 14, 2016. Archived from the original on September 26, 2017. Retrieved September 26, 2017.
- Reagan, Courtney (April 4, 2019). "Target raises its minimum wage to $13 an hour, with goal of reaching $15 by end of 2020". CNBC. Archived from the original on April 4, 2019. Retrieved April 4, 2019.
- Hanbury, Mary. "Target says it's permanently raising its minimum wage to $15 an hour". Business Insider. Archived from the original on June 28, 2020. Retrieved June 26, 2020.
- "How Target's Continuing to Invest in Team Members with $15 Starting Minimum Wage—And Much More". Target Corporate. Archived from the original on June 29, 2020. Retrieved June 26, 2020.
- Repko, Melissa (February 10, 2021). "Target offers extra pay, free transportation to hourly employees who get Covid vaccines". CNBC. Archived from the original on February 10, 2021. Retrieved February 10, 2021.
- "Community of Grand Forks". University of North Dakota. Archived from the original on December 19, 2007. Retrieved June 11, 2007.
- "Corporate Fact Card" (PDF). Target Corporation. October 10, 2007. Archived from the original (PDF) on November 28, 2007.
- "Value For Money Is Back – Target Does Marketing Right". Marketing Doctor Blog. October 23, 2008. Archived from the original on January 12, 2009.
- "Target to emphasize value, add perishables". Market Watch. October 23, 2008.
- "Earnings Preview – Target Corporation (NYSE:TGT)". iStockAnalyst. November 15, 2008. Archived from the original on January 4, 2013.
- "Target on rooftop in Rosemont, IL". Google Maps. Archived from the original on June 29, 2011. Retrieved April 24, 2017.
- "On-target to a brighter future". SloanLED. Retrieved May 15, 2023.
- "Cheers, grumbles for Target no guns request". USA Today. Archived from the original on January 5, 2018. Retrieved September 15, 2017.
- Corporate Responsibility Report (PDF) Archived July 16, 2006, at the Wayback Machine, Target Corporation, January 31, 2006.
- "corporate". Archived from the original on July 17, 2016. Retrieved May 31, 2016.
- Bakkila, Blake (June 20, 2017). "The Surprising Reason Why Target Stores Now Have Background Music". Real Simple. Archived from the original on January 25, 2022. Retrieved January 25, 2022.
- "Black Friday 2019: Best deals at Target you can still get". USA TODAY. Archived from the original on August 8, 2020. Retrieved July 31, 2020.
- "Douglas J. Dayton, Target Stores' Founding President, Dies at 88". Bloomberg.com. July 7, 2013. Archived from the original on October 10, 2021. Retrieved July 31, 2020.
- davek70s (September 1, 2011). "Target 1970". YouTube. Archived from the original on October 28, 2021. Retrieved November 29, 2016.
- Mui, Ylan Q. (June 20, 2006). "Where "Target" Will Always Be "Tar-Zhay"". The Washington Post. Archived from the original on March 19, 2017. Retrieved September 15, 2017.
- "Gabrielle Union Demonstrating New Targét Couture Line at Brand's Launch Day". celebutopia.net. Archived from the original on March 8, 2012. Retrieved September 13, 2010.
- "Target Distribution Operations Manager Salaries". Glassdoor. December 13, 2021. Archived from the original on January 20, 2022. Retrieved February 21, 2022.
- Xie, Jenny (September 9, 2019). "Our wishlist for Target's 20th Anniversary Collection of designer collabs". Curbed. Archived from the original on August 8, 2020. Retrieved July 31, 2020.
- Is Target making a Graves mistake? Archived March 12, 2007, at the Wayback Machine, Discount Store News, February 8, 1999.
- "Walmart, Target, Kmart, Kohl's Lead 50 Years of Retail Revolution". adage.com. March 19, 2012. Archived from the original on July 26, 2020. Retrieved July 31, 2020.
- US patent application 20030214129: Medication packaging and labeling system Archived February 28, 2016, at the Wayback Machine, U.S. Patent & Trademark Office.
- Best Inventions 2005: Healthy Options, Time, November 21, 2005.
- Quito, Anne (September 30, 2016). "People are digging through their trash and reusing Target's well-designed prescription pill bottles". Quartz. Archived from the original on October 17, 2016. Retrieved March 23, 2017.
- Target Gets Exclusive New GBA Color! Archived September 27, 2007, at the Wayback Machine, Nintendo World Report, Billy Berghammer, November 25, 2002.
- Target welcomes indies Archived April 24, 2008, at the Wayback Machine, BNET, July 2006.
- "How gender-targeted marketing is hurting toy retail". Retail Dive. Archived from the original on August 8, 2020. Retrieved July 31, 2020.
- Schwab, Katharine (May 5, 2016). "Beyond Blue and Pink: Will Toys Ever Be Gender-Neutral?". The Atlantic. Archived from the original on August 7, 2020. Retrieved July 31, 2020.
- "Target takes gender-neutral approach with new kids home brand". Star-Tribune. Archived from the original on February 8, 2016. Retrieved February 8, 2006.
- "Target to open 'mini Apple shops' in select stores, offer more products online". usatoday.com. Archived from the original on February 25, 2021. Retrieved February 26, 2021.
- Target Corporation's Third Quarter Earnings Release conference call Archived March 12, 2010, at the Wayback Machine, Securities Information from the SEC EDGAR database, November 11, 2004.
- "About GiftCards: GiftCards". Target. Archived from the original on February 19, 2010. Retrieved February 21, 2010.
- Target's Bioplastic Gift Card Archived June 14, 2006, at the Wayback Machine, treehugger, January 31, 2006.
- Nelson, Ryan. "The Target Affiliate Program". Niche Facts. Archived from the original on July 2, 2018. Retrieved July 2, 2018.
- US design patent D505,450: Credit or stored value card with wood layer, U.S. Patent & Trademark Office.
- U.S. Patent 7,004,398: Stored-value card with edible product, U.S. Patent & Trademark Office.
- Office of the Arizona Attorney General (2006). Target Corporation Assets Protection (PDF). Archived from the original (PDF) on June 20, 2007. Retrieved August 8, 2006.
- "Retailer Target Branches Out Into Police Work". The Washington Post. January 29, 2006. Archived from the original on November 13, 2017. Retrieved September 15, 2017.
- "Target sets sights on hard-to-crack cases". CNN. February 9, 2006. Archived from the original on February 21, 2006. Retrieved February 10, 2006.
- "McDonald's Cruelty: The Rotten Truth About Egg McMuffins". Mercy For Animals. Archived from the original on August 24, 2012. Retrieved September 5, 2012.
- "ABC News Investigation: What's In Your Breakfast". ABC News Good Morning America. Archived from the original on March 24, 2013. Retrieved September 4, 2012.
- "McDonald's – Friday, November 18, 2011". ABC World News Tonight with Diane Sawyer. Archived from the original on March 24, 2013. Retrieved September 4, 2012.
- Galli, Cindy. "McDonald's, Target Dump Egg Supplier After Investigation". ABC News 20/20. Archived from the original on September 1, 2012. Retrieved September 4, 2012.
- Ford, Dana. "McDonald's, Target drop egg supplier after animal cruelty report". CNN. Archived from the original on January 6, 2012. Retrieved September 5, 2012.
- Hughlett, Mike. "McDonald's, Target fire Minnesota egg company". Star Tribune. Archived from the original on December 13, 2013. Retrieved September 4, 2012.
- "McDonald's Drops Large McMuffin Egg Supplier". ABC News. Archived from the original on July 15, 2012. Retrieved September 4, 2012.
- "Target stores switching to cage-free eggs by 2025". Chicago Sun-Times. January 20, 2016. Archived from the original on January 22, 2016. Retrieved January 21, 2016.
- "Lady Gaga Ends Deal With Target Over Its Support of Anti-Gay Groups". Rolling Stone. March 9, 2011. Archived from the original on August 18, 2017. Retrieved September 15, 2017.
- Scheck, Tom (August 5, 2010). "Target apologizes for donation to MN Forward". Archived from the original on January 3, 2018. Retrieved January 2, 2018.
- Palma, Bethania (May 31, 2019). "Is Target Donating $100,000 to 'Promote Gay Lifestyles' to School Kids?". Snopes. Archived from the original on November 27, 2021. Retrieved May 31, 2021.
- "See Target's New Ad Featuring Same-Sex Parents and Their Son". Time. Archived from the original on August 3, 2016. Retrieved January 2, 2018.
- "#TakePride With Target". Archived from the original on January 3, 2018. Retrieved January 2, 2018.
- Hudnell, Kari (June 2, 2015). "GLSEN and Target Team Up for 25th Anniversary Documentary". GLSEN. Archived from the original on August 8, 2020. Retrieved January 30, 2020.
- "HRC's 2018 Corporate Equality Index". Human Rights Campaign. Archived from the original on January 2, 2018. Retrieved January 2, 2018.
- Chumley, Cheryl (June 3, 2019). "Target goes full speed LGBTQ with 'Love my dads' shirts for kiddies". The Washington Times. Archived from the original on November 5, 2019. Retrieved January 30, 2020.
- "Target's Pride collection features 'tuck-friendly' swimsuits for adults, not kids". Associated Press. May 25, 2023. Archived from the original on June 1, 2023. Retrieved June 2, 2023.
- "Target holds 'emergency' meeting over LGBTQ merchandise in some stores to avoid 'Bud Light situation'". Fox News. May 23, 2023.
- Duhigg, Charles (February 16, 2012). "How Companies Learn Your Secrets". The New York Times. Retrieved April 13, 2022.
- Hill, Kashmir. "How Target Figured Out A Teen Girl Was Pregnant Before Her Father Did". Forbes. Retrieved April 13, 2022.
- Wagstaff, Keith (February 17, 2012). "How Target Knew a High School Girl Was Pregnant Before Her Parents Did". Time. Time USA. Retrieved April 13, 2022.
- Lubin, Gus. "The Incredible Story Of How Target Exposed A Teen Girl's Pregnancy". Business Insider. Insider. Retrieved April 13, 2022.
- Ellenburg, Jordan (June 9, 2014). "What's Even Creepier Than Target Guessing That You're Pregnant?". Slate. The Slate Group. Retrieved April 13, 2022.
- Krishnamurthy, Vivek (February 23, 2012). "Predictive Analytics, Informed Consent, and Privacy: The Case of Target". Global Business and Human Rights. Foley Hoag. Retrieved April 13, 2022.
- "We Can't Wait: Obama Administration Unveils Blueprint for a "Privacy Bill of Rights" to Protect Consumers Online". Obama White House Archives. February 23, 2012. Retrieved April 13, 2022.
- Ramasastry, Anita (February 28, 2012). "Should Target Tell Your Loved Ones You Are Pregnant, Or Should You? The Perils of Consumer Data Aggregation, Including Loss of Privacy". Verdict. Justia. Retrieved April 13, 2022.
- Andrews, Travis (May 13, 2016). "Target CEO responds to nationwide boycott of the store over transgender bathroom policy". The Washington Post. Archived from the original on January 29, 2018. Retrieved January 2, 2018.
- Abrams, Rachel (April 27, 2016). "Target Steps Out in Front of Bathroom Choice Debate". The New York Times. Archived from the original on May 3, 2016. Retrieved May 3, 2016.
- "More than 700,000 pledge to boycott Target over transgender bathroom policy". USA TODAY. Archived from the original on April 29, 2016. Retrieved May 3, 2016.
- Wahba, Phil (April 28, 2016). "Nearly 1 Million Sign Pledge to Boycott Target Over Bathroom Policy". Fortune. Archived from the original on May 1, 2016. Retrieved May 2, 2016.
- "Target brand perception falls, but it's not 'catastrophic'". USA TODAY. Archived from the original on May 31, 2016. Retrieved May 28, 2016.
- "Target Says Boycotts Over Bathroom Policy Not Hurting Sales". Fortune. May 18, 2016. Archived from the original on May 29, 2016. Retrieved May 28, 2016.
- "Target's Transgender-Friendly Bathroom Policy Is Costing It $20 Million". Fortune. Archived from the original on August 27, 2016. Retrieved August 29, 2016.
- Hayley Peterson (April 6, 2017). "The Target boycott cost more than anyone expected—and the CEO was blindsided". Yahoo! News. Business Insider. Archived from the original on April 11, 2017. Retrieved April 10, 2017.
- California Court Hears Target AED Case Archived February 26, 2019, at the Wayback Machine. EMS World (Associated Press), Paul Elias, May 7, 2014.
- California's top court says Target not required to carry in-store defibrillators Archived February 22, 2019, at the Wayback Machine, Reuters, Jennifer Chaussee, June 23, 2014.
- Dockterman, Eliana (July 16, 2012). "Why Won't Target Stock Frank Ocean's New Album?". Time. Archived from the original on December 7, 2016. Retrieved August 17, 2017 – via newsfeed.time.com.
- "Target Not Selling Beyonce's New Album". Billboard. Archived from the original on May 18, 2017. Retrieved August 17, 2017.
- "How Target Hits The Sponsorship Bulls-Eye". Sponsorship. February 24, 2014. Archived from the original on February 28, 2019. Retrieved February 28, 2019.
- "Target Fireworks Show". 2011 Minneapolis Aquatennial. July 23, 2011. Archived from the original on January 21, 2013.
- "A Very Confetti New Year's". TIME. January 2, 2007. Archived from the original on December 6, 2010.
- Burdine, Wes (January 18, 2017). "Target to Sponsor Minnesota United FC Jerseys and Major League Soccer". Fifty Five One. Archived from the original on March 14, 2019. Retrieved February 28, 2019.
- "Target Announces Major Push into Soccer in the U.S.; Becomes Official Partner of Major League Soccer". Archived from the original on January 3, 2018. Retrieved January 2, 2018.
- "Target's $14-Million Move Will Help More Kids Play Youth Soccer". Archived from the original on January 3, 2018. Retrieved January 2, 2018.
- "Get Ready to See Stars! Target's the Presenting Sponsor of This Year's MLS All-Star Game". Archived from the original on January 3, 2018. Retrieved January 2, 2018.
- "Host info". mlssoccer.com. Archived from the original on October 24, 2017. Retrieved January 2, 2018.
- "Target Signs Professional Skateboarder Paul Rodriguez". August 13, 2010. Archived from the original on February 25, 2019. Retrieved February 25, 2019.
- "Target Signs Professional Surfer Kolohe Andino". January 20, 2010. Archived from the original on February 25, 2019. Retrieved February 25, 2019.
- "10 Years (and Counting): Shaun White and Target Celebrate Their Anniversary". July 23, 2012. Archived from the original on February 25, 2019. Retrieved February 25, 2019.
- McFadin, Daniel (July 28, 2017). "Target withdrawing sponsorship from Chip Ganassi Racing after this season". NBCSports.com. Archived from the original on November 7, 2017. Retrieved November 4, 2017.
- Martin, Bruce (March 1, 2000). "CART's Vasser, Montoya to race in Indy 500". ESPN.com. Archived from the original on November 7, 2017. Retrieved November 4, 2017.
- "When the chips are up". Motor Sport. March 2011. Archived from the original on November 7, 2017. Retrieved November 4, 2017.
- "Power failure gives IndyCar title to Franchitti". Emirates 24/7. October 3, 2010. Archived from the original on November 7, 2017. Retrieved November 4, 2017.
- Mejia, Diego (January 21, 2009). "Target to sponsor Montoya again". autosport.com. Archived from the original on November 7, 2017. Retrieved November 4, 2017.
- Ryan, Nate (October 1, 2013). "Kyle Larson to make Sprint Cup debut at Charlotte". USA Today. Archived from the original on October 4, 2013. Retrieved October 14, 2013.
- "Target Ganassi Racing Sponsors". Chip Ganassi Racing. Archived from the original on March 25, 2013.
- "Franchitti Savors Sweet Second Indianapolis 500 Victory". Indianapolis Motor Speedway. May 30, 2010. Archived from the original on February 22, 2014. Retrieved June 27, 2013.
- Cavin, Curt (August 22, 2016). "Going Off Target". Autoweek: 42–44.
- "TARGET AND WOLVES EXTEND ARENA PARTNERSHIP". NBA. September 19, 2011. Archived from the original on March 1, 2019. Retrieved February 28, 2019.
- Sitaramiah, Gita (September 14, 2008). "Twins new ballpark gets its name: Target Field". Twincities. Archived from the original on March 1, 2019. Retrieved February 28, 2019.
- "Target Financial Statements 2005–2019 – TGT". www.macrotrends.net. Archived from the original on December 1, 2018. Retrieved November 30, 2018.
- "Target Corporation's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on October 24, 2021. Alt URL Archived October 24, 2021, at the Wayback Machine
- "Target Corporation's Sustainability Report for 2019Q4" (PDF). Archived from the original (PDF) on October 20, 2020. Alt URL Archived October 24, 2021, at the Wayback Machine
- "Target Corporation's Sustainability Report for 2019Q4" (PDF). Archived from the original (PDF) on October 20, 2020. Alt URL Archived October 24, 2021, at the Wayback Machine
- "Target Corporation's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on October 24, 2021. Alt URL Archived October 24, 2021, at the Wayback Machine
- "AFI Catalog – Career Opportunities". American Film Institute. Archived from the original on September 13, 2019. Retrieved January 10, 2020.
- ""Superstore" Target (TV Episode 2018) – IMDb". IMDb. Archived from the original on March 8, 2021. Retrieved January 10, 2020.
Bibliography
- Leebrick, Kristal (2013). Dayton's: A Twin Cities Institution.
- Rowley, Laura (2003). On Target: How the World's Hottest Retailer Hit a Bull's-Eye. Hoboken, New Jersey: John Wiley & Sons. ISBN 978-0-471-25067-8.
External links
- Official website retailing website
- Target Corporation corporate website
- Target International Shopping Page Archived January 26, 2020, at the Wayback Machine
- Business data for Target Corporation:
- Growth of Target, 1962–2008