In 2021, Target had a total of 1,926 stores open throughout the United States, up from 1,897 recorded a year earlier. Target Corporation operates a chain of general merchandise stores, which offer a wide variety of general merchandise and food products to their customers. The company has operated primarily in the United States since its inception. Target Corporation is one of the most valuable retail brands in the world.
The development of an American retail giant
The company started out as the Dayton Dry Goods Company in 1902, later changing its name to the Dayton Company, but more commonly known as Dayton’s. The company was run under the Dayton-Hudson Corporation banner up until the year 2000, when it was renamed Target Corporation. The company spread across the United States and even entered the Canadian market for a brief period, but all of the company’s Canadian stores were closed in 2015. In 2020, Target had revenues amounting to approximately 93.6 billion U.S. dollars, making it one of the leading American retailers.
What does Target sell?
Target Corporation sells a wide range of goods, such as food, apparel, household essentials, and seasonal offerings, as well as many others. As of 2020, the majority of sales came from the beauty and household essential segment.The company also sells products online, through target.com. In 2021, Target's e-commerce site generated 19.5 billion U.S dollars in net sales, corresponding to approximately 12.3 percent of the company's total sales.
Number of Target stores in the United States from 2006 to 2021
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Target. (March 9, 2022). Number of Target stores in the United States from 2006 to 2021 [Graph]. In Statista. Retrieved August 19, 2022, from https://www.statista.com/statistics/255965/total-number-of-target-stores-in-north-america/
Target. "Number of Target stores in the United States from 2006 to 2021." Chart. March 9, 2022. Statista. Accessed August 19, 2022. https://www.statista.com/statistics/255965/total-number-of-target-stores-in-north-america/
Target. (2022). Number of Target stores in the United States from 2006 to 2021. Statista. Statista Inc.. Accessed: August 19, 2022. https://www.statista.com/statistics/255965/total-number-of-target-stores-in-north-america/
Target. "Number of Target Stores in The United States from 2006 to 2021." Statista, Statista Inc., 9 Mar 2022, https://www.statista.com/statistics/255965/total-number-of-target-stores-in-north-america/
Target, Number of Target stores in the United States from 2006 to 2021 Statista, https://www.statista.com/statistics/255965/total-number-of-target-stores-in-north-america/ (last visited August 19, 2022)