Target

Overview
Activities
Financials

Target Corporation (NYSE: TGT) is an American general merchandise retailer that operates in all US states. As of January 2023, Target operated 1,948 stores across the country and had over 45 owned brands. Products can be purchased either in-store or online, with the former accounting for ~19.0% of total revenue in FY2022. Target held a 5.9% share in the US retail sector as of March 2023, generating USD 109.1 billion in revenue in FY2022 (year ending January 28, 2023).

Target’s products can be categorized into five segments: Beauty & Household Essentials (~27% of total revenue in FY2022), Food & Beverage (~21%), Home Furnishings & Decor (~18%), Hardlines (~16%), and Apparel & Accessories (~16%). 

All of Target’s revenue is generated in the US. The company plans to invest up to USD 4 billion–5 billion in FY2023, focusing on opening new stores and locations, upgrading existing ones, and expanding its portfolio of owned brands. A plan to achieve net-zero greenhouse emissions by 2040 has also been announced.

HQ Location:
1000 Nicollet Mall Minneapolis MN USA
Founded year:
1962
Employees:
10,000+
Ecommerce Platforms
Ecommerce Platforms
Automated Stores
Automated Stores
Furniture Tech
Furniture Tech
Digital Wallets
Digital Wallets
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Beyond the shelves: A deep dive into retailers' innovations

Recent Updates

Partnerships
Jun 6, 2024
FibreTrace collaborates with Target Corp. and Cargill for real-time cotton verification
Supply Chain Tech
Industry news
May 27, 2024
Target, Safeway, and Walmart to remove self-checkout kiosks at select locations
Automated Stores
Partnerships
Apr 22, 2024
Oura partners with Target to sell smart rings in-store and online
Digital Wellness
Partnerships
Apr 22, 2024
Oura partners with Target to sell smart rings in-store and online
Longevity Tech
Product updates
Mar 14, 2024
Target rolls out express self-checkout at nearly 2,000 stores nationwide
Automated Stores
Product updates
Partnerships
Mar 7, 2024
Geologie launches gender-neutral Clear System skincare collection at Target
Beauty Tech
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