Target, a top U.S. retailer, generates over $100 billion in annual revenue and is ranked 8th in sales by the National Retail Federation. Originating in Minnesota over a century ago, Target’s unique business model focuses on discount retailing while ensuring a quality shopping experience for value-oriented shoppers. Target’s success led to its expansion nationwide, becoming a household name with over 2,000 stores across the U.S.

Founded in 1962, Target quickly expanded, offering a wide range of products and services. Its iconic logo, a red and white bullseye, symbolizes the company’s commitment to hitting the mark in retail goods, services, and customer experience. Target’s innovative strategies, such as the Weekly Ad and employee discount programs, have solidified its position as a retail giant with a strong focus on customer satisfaction and value.

Throughout its history, Target has prioritized diversity, equity, and inclusion initiatives, setting industry standards and promoting equality in the workplace. However, recent decisions to scale back on DEI efforts have sparked criticism and led to a boycott by some customers. Despite challenges, Target remains committed to providing a positive shopping experience and driving sales growth through strategic enhancements in its supply chain and consumer engagement.

Read more at Yahoo Finance: History of Target: Company timeline and facts