Target Corporation History & Historical Profile

Historical Record

February 2019 Summary: Minneapolis-based Target Corporation (NYSE: TGT) serves guests at more than 1,800 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals millions of dollars a week. For the latest store count or for more information, visit Target.com/pressroom.

October 2013 Summary: Target Corporation (Target) operates in three segments: U.S. Retail, U.S. Credit Card and Canadian. As a component of the U.S. Retail Segment, its online presence is designed to enable guests to purchase products either online or by locating them in one of its stores with the aid of online research and location tools. The Company merchandise at discounted prices. Its U.S. Credit Card Segment offers credit to guests through its branded credit cards, the Target Visa and the Target Card. Additionally, it offer a branded Target Debit Card. Its Canadian Segment was reported during the year ended January 28, 2012, as a result of its purchase of leasehold interests in Canada from Zellers, Inc. (Zellers). The Company has 189 Zellers sites. It operated 37 distribution centers at January 28, 2012. At January 28, 2012, it had 1,763 stores in 49 states and the District of Columbia.

April 2006 Summary: Target's first store opened in Roseville, Minnesota, in 1962. Its on-trend merchandise at affordable prices launched a new era in discount retailing. This "T-1" store was easy to shop, attractive and always clean. It served as the prototype for every Target store opened since then, and it changed how consumers think about discount shopping. Today, Target operates more than 1,300 stores in 47 states, including over 140 SuperTarget stores that add an upscale grocery shopping experience. In addition to the photo processing, pharmacy and Food Avenue restaurants found in almost every Target, SuperTarget includes an in-store bakery, deli, meat and produce sections.