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Target's Competitors, Revenue, Number of Employees, Funding and Acquisitions

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

Target's headquarters is located in Minneap... Read more

Based on data from Target's latest SEC filings

Annual Revenue

Based on data from Target's latest SEC filings

Employees

Brian Cornell's photo - Chairman & CEO of Target

Chairman & CEO

Brian Cornell

CEO Approval Rating

97/100

OVERVIEW

Founded:

1902

Headquarters:

MinneapolisMinnesota

Status:

PublicNYSETGT

Industry Sector:

Apparel Retail

Retail Distributors

Department Stores

SIC Code:

2300NAICS listing »

5331NAICS listing »

5990NAICS listing »

5311NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Kmart a competitor of Target?

I don't know

Trending News for Target and Target's Competitors

March 30, 2020

The Seattle Times - Business & Tech

Amazon to begin taking employees' temperatures daily

The company has not provided an official tally of how many employees have tested positive for coronav... See more »

March 28, 2020

Business Insider

Costco employees reveal 9 insider tips for shopping at the warehouse store during the coronavirus pandemic

Tim Boyle / Getty ImagesCostco is experiencing a major surge in sales and shoppers.With quantity limi... See more »

March 28, 2020

International Business Times

The Coronavirus Economy: Are Amazon, Walmart, Doing Better Than Target Amid Crisis?

Target (NYSE:TGT) detailed the consumer response to the spread of coronavirus when it announced the w... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

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 $445.9B 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 Retail Distributors field. Compared to Target, Costco has 211,000 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 Retail Distributors industry. Amazon generates 359% of Target's revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Brian Cornell

Chairman & CEO

- -
360,000
$0
$78.1B
1

Doug McMillon

President & CEO

72/100
2,200,000
$6.9M
$524B
2

Craig W. Jelinek

President & CEO

87/100
254,000
- -
$158.3B
3

Jeffrey P. Bezos

Chairman & CEO

80/100
647,500
$56M
$280.5B
4

W.Rodney McMullen

Chairman & CEO

76/100
453,000
- -
$121B
5

CEO

- -
13,000
- -
$5.8B
6

Jill Soltau

CEO

70/100
95,000
$2.4B
$11.2B
7

Jeff Gennette

Chairman & CEO

70/100
130,000
- -
$24.7B
8

Corie Barry

CEO

73/100
125,000
$8M
$43.6B
9

Michelle Gass

CEO

58/100
34,000
- -
$20B
10

CEO

- -
23,300
$150M
$2.5B
The top 10 competitors in Target's competitive set are Walmart, Costco, Amazon, Kroger, Kmart, J.C. Penney, Macy's, Best Buy, Kohl's and Bon-Ton. Together they have raised over 2.6B between their estimated 4.0M employees. Target has 360,000 employees and is ranked 4th among it's top 10 competitors. The top 10 competitors average 394,072.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$78.1B

Target's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 115.4B. Over the last four quarters, Target's revenue has grown by 32.7%. Specifically, in Q1 2020's revenue was $23.4B; in Q4 2019, it was $18.7B; in Q3 2019, it was $18.4B; in Q2 2019, Target's revenue was $17.6B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
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 4 companies and its latest acquisition was Shipt, Inc. in Dec 2017. Shipt is a mobile application that allows users to order and buy grocery products from local stores.

Target Funding History

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

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

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 4 companies and its latest investment was Shipt, Inc. in Dec 2017. Shipt is a mobile application that allows users to order and buy grocery products from local stores.

Target News

March 27, 2020Baking Business

Target halts fresh grocery drive-thru plans

Retailer temporarily suspends initiative amid COVID-19 outbreak.... See more »
March 27, 2020Food Business News

Target adjusts timing of strategic initiatives

Retailer suspends plans for fresh grocery drive-thru, cuts back on remodel efforts.... See more »
March 26, 2020Fashion United

Target announces changes to stores, suspends returns amid coronavirus

Target Corp. said it will reduce the number of new small format store openings as well as store remod... See more »
March 26, 2020PYMNTS

Target Updates COVID-19 Results; Will Reconfigure Stores

Talk about mixed emotions. Target released an updated financial report Wednesday (March 25) that show... See more »
March 26, 2020Business Insider

Target is suspending all returns and exchanges for the next 3 weeks

Shoshy Ciment/Business InsiderTarget is halting returns and exchanges on all items until April 16, it... See more »
March 26, 2020MarketScreener

Sales Jump, but Profit Is Squeezed

(marketscreener.com) By Sarah Nassauer Target Corp. said sales of food and household goods are surgin... See more »
March 26, 2020TechCrunch

Target pauses plans for grocery pickup amid COVID-19 outbreak

Target is pausing its plans to offer curbside pick-up of groceries and alcoholic beverages, citing th... See more »

Target Blogs

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

African-American Artistry, Join the Celebration!

Black History Month 2016 is off to an amazing start. It is very refreshing to work for an employer wh... 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

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 »
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

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

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 »

Target Press Releases

January 10, 2020PRWeb

Target Installs Solar Panels on 500th Store in the United States

Nicki Zvik, Founder of Green Solar Technologies, comments on Target's remarkable achievement.(PRWeb J... See more »
January 9, 2020centralcharts

Target Corporation Declares Regular Quarterly Dividend

Target Corporation Declares Regular Quarterly Dividend PR Newswire MINNEAPOLIS, Jan. 9, 2020 MINNEAPO... See more »
November 29, 2019centralcharts

Target Kicks off Cyber Week Early with Deep Digital Discounts on Top Items and Categories

Target Kicks off Cyber Week Early with Deep Digital Discounts on Top Items and Categories - New this ... See more »
November 29, 2019PR Newswire

Sales on Clothing, Toys, Furniture & Appliances Listed by Spending Lab

BOSTON, Nov. 29, 2019 /PRNewswire/ -- Here are the best Target Black Friday & Cyber Monday 2019 deals... See more »
September 10, 2019PR Daily

Target announces loyalty program, 'soft skills' are most crucial, and Spirit Airlines offers bigger seats

Also: Wendy's is serving up breakfast and jobs, British Airways strike brings PR woes, and FDA letter... See more »
September 10, 2019PressReleasePoint

Humanists Petition Target in Ongoing Pillow Fight

Humanists and allies added their voices to the chorus of those asking Target to bring back a "Humanis... See more »
July 3, 2019PR Newswire

Target Stores to Sell Rubicon Bakers Social-Mission Cupcakes

RICHMOND, Calif., July 3, 2019 /PRNewswire/ -- Target stores in Northern California announce the laun... See more »

Target Videos

November 6, 2019Target Youtube Channel

"THE TRY GUYS AND HANSON EXPLORE TARGET AND MAKE MUSIC" on YOUTUBE

See more »
November 6, 2019Target Youtube Channel

"gifts for days" on YOUTUBE

See more »
October 11, 2019Target Youtube Channel

"Internships | Interview Prep | Technology Campus Recruiter, Miranda" on YOUTUBE

See more »
October 3, 2019Target Youtube Channel

"What We Bring Brings Us Together | Star Wars Collection" on YOUTUBE

See more »
September 15, 2019Target Youtube Channel

"Must See Skin, Best of Skincare from $9.99" on YOUTUBE

See more »
September 15, 2019Target Youtube Channel

"bye, bye dry" on YOUTUBE

See more »
September 15, 2019Target Youtube Channel

"supercharged serums" on YOUTUBE

See more »

Social Statistics

Headquarters

1000 Nicollet Mall Target Plaza South-3165

Minneapolis, Minnesota55403

800-591-3869

Driving Directions »

Trending Companies

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 97%. 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 $78.1B 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, 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
Stay up-to-date with the latest news on Target