Target Corporation is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart.
The company is ranked No. 39 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. Its bullseye logo is recognizable in popular culture and in retail stores across the United States.
Target Corporation’s business model is based on offering low prices on a wide variety of products, including food, apparel, home goods, electronics, and more. The company also offers a variety of services, such as a pharmacy, optical center, photo processing lab, and portrait studio. In addition, Target operates a number of smaller format stores, including Target Express and CityTarget.
The company was founded in 1902 as the Dayton Dry Goods Company. It was renamed the Dayton Company in 1903 and began opening stores outside of Minnesota in 1919.
The first Target store was opened in Roseville, Minnesota in 1962. The company was renamed Target Corporation in 2000.
Target Corporation is publicly traded on the New York Stock Exchange under the ticker symbol “TGT.” As of 2018, the company’s share price was $72.83.
The Target share price is $72.83