Who is Target?
Target is an upscale discounter with a focus on the high-quality, on-trend merchandise guests want, plus the everyday basics all families need, all at affordable prices. Its combined emphasis on style, quality, affordability and clean, attractive stores makes it a one-of-a-kind retailer. When guests shop at Target, they’ll find an environment where shopping is convenient and enjoyable.
Our Stores
Target opened its first store in Roseville, Minnesota, in 1962. Today, Target operates 1,591 stores in 47 states, including 210 SuperTarget stores, 1,404 pharmacies, 296 optical centers, 181 portrait studios, 1,058 one-hour photo processing labs and 23 health clinics. Target’s total store square footage is 207,540,000 square feet.
Formats
Target operates two store formats:
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General Merchandise stores (P04) are typically one-level stores within major community or regional shopping districts. This is our most prevalent store format which is approximately 126,000 square feet in size. Our merchandise offering includes general merchandise and selected grocery products and may also include other amenities such as photo processing services, a pharmacy, a Food Avenue® restaurant and often a Starbucks®.
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SuperTarget stores extend the Target brand beyond fashion and home décor by providing guests with a pleasant and convenient grocery shopping experience in addition to the traditional Target store experience. SuperTarget offers a full grocery line, including a bakery and deli, meat and produce selections. With an average size of 174,000 square feet per store, SuperTarget’s mix of grocery and merchandise delights our guests by offering the convenience of one-stop shopping.
Target.com
At Target.com, guests will find thousands of products to choose from—many of which are available in Target stores, and some of which are unique to Target.com. Guests can find the hottest trends at the Red Hot Shop. Key online shopping categories include gift ideas, home décor, toys, and apparel, but guests can find a wide variety of trend-right everyday items. In addition to online shopping, Target.com offers guests the opportunity to purchase products from Target’s highly successful registry programs (Club Wedd and Target Baby), apply for a Target REDcard™, access information on programs such as Take Charge of Education, find out what’s new at Target, locate the nearest Target store, and browse Target’s weekly circular.
State Locations
|
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia |
18
45
6
225
38
16
2
115
51 |
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland |
6
82
32
21
18
12
13
4
32 |
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montan
Nebraska
Nevada
New Hampshire |
30
57
71
4
33
7
14
15
8 |
New Jersey
New Mexico
New York
N. Carolina
N. Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island |
38
9
58
45
4
63
10
18
47
3 |
S. Carolina
S. Dakota
Tennessee
Texas
Utah
Virginia
Washington
W. Virginia
Wisconsin
Wyoming |
18
4
28
136
11
49
34
5
34
2 |
| Growth |
1969 |
1979 |
1989 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
| Store count: |
17 |
80 |
399 |
912 |
977 |
1053 |
1147 |
1225 |
1308 |
1397 |
1488 |
| States: |
4 |
11 |
31 |
44 |
46 |
47 |
47 |
47 |
47 |
47 |
47 |
Employees
Target employs more than 350,000 team members.
Guest Profile
Our guests are young, well-educated, moderate-to-better income families who live active lifestyles. The median age of our guests is 41, the youngest of major discount retailers. They have a median annual income of $63,000, 48 percent have completed college and 45 percent have children at home.
The Financials
Revenues (in U.S. dollars)
2000ª $29.7 billion (12% increase)
2001 $33.0 billion (11% increase)
2002 $37.4 billion (13% increase)
2003 $42.0 billion (12% increase)
2004 $46.8 billion (11% increase)
2005 $52.6 billion (12% increase)
2006ª $59.5 billion (13% increase) |
Pre-tax profits
2000ª $1.6 billion (17% increase)
2001 $1.8 billion (14% increase)
2002 $2.2 billion (25% increase)
2003 $2.6 billion (17% increase)
2004 $3.0 billion (16% increase)
2005 $3.9 billion (27% increase)
2006ª $4.5 billion (17% increase) |
ª 53-week year
Bases of Operation
Headquarters: Minneapolis.
Regional offices: Dallas, Los Angeles, Minneapolis and Philadelphia.
Distribution Centers: Fridley, MN; Tifton, GA; Tyler, TX; West Jefferson, OH; Little Rock, AR; Oconomowoc, WI; Wilton, NY; Midlothian, TX; Fontana, CA; Albany, OR; Huntsville, AL; Topeka, KS; Pueblo, CO; Indianapolis, IN; Kalamazoo, MI; Lugoff, SC; Bakersfield, CA; Stuarts Draft, VA; Phoenix, AZ; Amsterdam, NY; Cedar Falls, IA; Woodland, CA; Chambersburg, PA; DeKalb, IL; Rialto, CA; Midway, GA
Import Warehouses: Ontario, CA; Lacey, WA; Suffolk, VA; Rialto, CA; Savannah, GA
Target.com Fulfillment Center: Woodbury, MN
