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Target

Target is an online marketplace for buying clothes, footwear and accessories. Read more

Brian Cornell's photo - Chairman & CEO of Target

Chairman & CEO

Brian Cornell

CEO Approval Rating

63/100

Founded:

1902

Status:

PublicIndependent CompanyNYSETGT

TARGET TOP COMPETITORS OR ALTERNATIVES

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Walmart is perceived as one of Target's biggest rivals. Walmart was founded in 1962 in Bentonville, Arkansas. Walmart is in the Discount Stores field. Walmart generates $464.7B more revenue than Target.

Costco is Target's #2 rival. Costco is a Public company that was founded in 1983 in Issaquah, Washington. Costco competes in the Logistics, Wholesalers & Retail Distributors field. Compared to Target, Costco has 87,000 fewer employees.

Amazon is one of Target's top competitors. Amazon's headquarters is in Seattle, Washington, and was founded in 1994. Like Target, Amazon also operates in the Logistics, Wholesalers & Retail Distributors industry. Amazon generates 427% of Target's revenue.

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Competitor - 1/1

Is Kroger a competitor of Target?

Target Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$98.1B

Target's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 76.7B. Over the last four quarters, Target's revenue has grown by 5.3%. Specifically, in Q2 2021's revenue was $24.2B; in Q1 2021, it was $28.3B; in Q4 2020, it was $22.6B; in Q3 2020, Target's revenue was $23B.

Target Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Deliv, Inc.

May 2020

Source »
undisclosed
Deliv provides same-day delivery and returns services for omnichannel retailers, local merchants, e-commerce companies and parcel carriers.
Shipt, Inc.

Dec 2017

Source »
$550M
Shipt is a mobile application that allows users to order and buy grocery products from local stores.
Grand Junction, Inc.

Aug 2017

Source »
undisclosed
Grand offers transportation management solutions for retailers, distributors and third-party logistics providers to manage their local deliveries.
Powered Analytics, Inc.

Nov 2014

Source »
undisclosed
-
Cooking.com

Mar 2013

Source »
undisclosed
Cooking.com retails kitchen products, cookbooks, and home products online.

These are all the companies that Target has acquired. Target has acquired 5 companies and its latest acquisition was Deliv, Inc. in May 2020. Deliv provides same-day delivery and returns services for omnichannel retailers, local merchants, e-commerce companies and parcel carriers.

Target Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Oct 1967
--

Since Target was founded in 1902, it has participated in 1 round of funding. In total Target has raised $0. Target's funding round was on Oct 1967 for a total of $0

Target Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Casper is a designer, manufacturer and online retailer of mattresses, sheets, pillows and accessories.
$100M
Mar 26, 2019
Series D
Feb 06, 2020
Inspectorio is a developer of quality inspection and supplier compliance verification platform for textile and clothing factories.
$10M
Jul 09, 2018
Series A
-
Casper is a designer, manufacturer and online retailer of mattresses, sheets, pillows and accessories.
$170M
Jun 18, 2017
Series C
Feb 06, 2020
Casper is a designer, manufacturer and online retailer of mattresses, sheets, pillows and accessories.
$75M
May 24, 2017
Equity
Feb 06, 2020
Inspectorio is a developer of quality inspection and supplier compliance verification platform for textile and clothing factories.
$3.7M
Dec 21, 2016
Seed
-

These are all the companies that Target has invested in. Target has invested 5 companies and its latest investment was Deliv, Inc. in May 2020. Deliv provides same-day delivery and returns services for omnichannel retailers, local merchants, e-commerce companies and parcel carriers.

Target News

June 9, 2021The Business Journals: Minneapolis/St. Paul

Target partners with Jungalow on new home collection

Target will offer a new collection from lifestyle brand Jungalow as part of its in-house home furnish... See more »
June 9, 2021Chain Store Age

Target raises annual dividend for 50th straight year with big hike

Target Corp. has delivered a higher-than-expected dividend raise.... See more »
June 8, 2021Store Brands

Target expands Opalhouse brand with influencer partnership

More than 300 products designed by Jungalow's Justina Blakeney, featured under the Opalhouse store br... See more »
June 7, 2021Adweek

Cara Sylvester on Embracing Her New Role as Target's Head of Marketing

There are few retailers more beloved in the U.S. than Target, which gained some $9 billion in market ... See more »
June 7, 2021Chain Store Age

Target expands in home category - again

Target is expanding its home décor offerings with a new 300-piece line.... See more »
May 26, 2021Chain Store Age

Check out Target's new marketing campaign

Target Corp. has debuted a new, inclusive marketing campaign whose tagline is "What we value most sho... See more »

Target Blogs

July 8, 2016Target Blog

immersive learning | こんにちは (kon-ni-chi-wa)

It was the spring of 2015 and Target's technology teams were taking significant steps on the path to ... See more »
July 8, 2016Target Blog

I stopped looking for balance in my life and found my passion!

I am often asked how I am able to find balance in my life as a mother of two, a wife, a daughter and ... See more »
July 8, 2016Target Blog

TGT @ HackingEDU: Talent is Talent

If the attendees at the 2015 #HackingEDU event in San Mateo, CA (October 23-25) have a common trait, ... See more »
July 8, 2016Target Blog

Target Encourages More Movement For All

We hear it a lot, "Just move more and you will improve your health." Really, is it that simple? As a ... See more »
July 8, 2016Target Blog

Brazil to Bangalore!

Did you know the compelling creative work at Target stores and on our website have an India connectio... See more »
July 8, 2016Target Blog

Preparing for Interns Coast to Coast

Springtime is an exciting time for Target - it means that preparation to welcome over 1,000 Interns a... See more »
July 8, 2016Target Blog

Discovering a Passion for Supply Chain

The first time I walked into a Target distribution center I didn't know much about supply chain. It w... See more »

Target Press Releases

February 24, 2021StreetInsider

Target and kocat Expand Partnership with Super Soft Litter Distribution in More than 500 Locations

FERNDALE, Wash., Feb. 24, 2021 /PRNewswire/ --Â Target Corporation and...... See more »
December 24, 2020PressReleasePoint

Target Announces Contactless Pick Up and At-Home Delivery Services Through 5 p.m

Target Corporation (NYSE: TGT) is making last-minute holiday shopping fast, safe and easy in the fina... See more »
October 30, 2020PR Newswire

Timeless Skin Care Announces Debut on Target.com

LOS ANGELES, Oct. 30, 2020 /PRNewswire/ -- Timeless Skin Care, one of the industry's fastest growing ... See more »
October 7, 2020StreetInsider

Target Corporation Announces Early Tender Results and Upsize of its Cash Tender Offers for Certain Outstanding Debt Securities

MINNEAPOLIS, Oct. 6, 2020 /PRNewswire/ --Â Target Corporation ("Target") (NYSE: TGT) today announced ... See more »
September 23, 2020PR Newswire

Target Corporation Announces Tender Offers for Certain Outstanding Debt Securities

MINNEAPOLIS, Sept. 23, 2020 /PRNewswire/ -- Target Corporation ("Target") (NYSE:TGT) today announced ... See more »
September 9, 2020PR Newswire

Joybees' Kids' Harper Clogs are now available in select Target stores and online

DENVER, Sept. 9, 2020 /PRNewswire/ -- Joybees, a low cost, high-quality alternative in the EVA footwe... See more »
June 17, 2020centralcharts

Target Increases Starting Wage to $15; Thanks Frontline Team Members with Recognition Bonus

Target Increases Starting Wage to $15; Thanks Frontline Team Members with Recognition Bonus Company i... See more »

Target Videos

Social Media

Target Headquarters

1000 Nicollet Mall Target Plaza South-3165

Minneapolis, Minnesota55403

800-591-3869

Driving Directions »

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Target Summary

ABOUT

Overview

Target (NYSE: TGT) is an online marketplace for clothes, footwear and accessories. It owns and operates general merchandise stores, which is around 1,800. It also operates SuperTarget stores with a line of food and general merchandise items, and offer...

CEO

Target's Chairman & CEO, Brian Cornell, currently has an approval rating of 63%. Target's primary competitors are Walmart, Costco & Amazon.

Website

target.com

Frequently Asked Questions about Target

  1. When was Target founded?

    Target was founded in 1902
  2. Who is Target's CEO?

    Target's CEO is Brian Cornell
  3. How much revenue does Target generate?

    Target generates $98.1B in revenue
  4. How much funding does Target have?

    Target has historically raised $0 in funding
  5. Where is Target's headquarters?

    Target's headquarters is in Minneapolis Minnesota, USA
  1. How many employees does Target have?

    Target has 360,000 employees
  2. What sector does Target operate in?

    Target is in Apparel Retail, Logistics, Wholesalers & Retail Distributors, Department Stores
  3. Who are Target's competitors?

    Target's top competitors are Walmart, Costco, Amazon
  4. Who has Target invested in?

    Target's has invested in companies such as Casper, Inspectorio, Casper