Target Company Description
Purveyor of all that is cheap, yet chic, fast-growing Target Corporation has bulked up by slimming down. The nation's #2 discount chain (behind Wal-Mart) now operates about 1,600 Target and SuperTarget stores in 47 states, as well as an online business called Target.com. Target and its larger grocery-carrying incarnation, SuperTarget, have carved out a niche by offering more upscale, fashion-forward merchandise than rivals Wal-Mart and Kmart. After years of struggling to turn around its Marshall Field's and Mervyns department stores divisions, the discounter sold them both in 2004. Target also owns apparel supplier The Associated Merchandising Corp. and issues Target Visa and its proprietary Target Card.
View the Comprehensive Company Description for Target
The Company Description provides a historical perspective of Target's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Target's evolution in the marketplace.
