Introduction and official website domain name for Target, a major American discount retailer

Founded in 1902, Target is the second-largest comprehensive retailer in the United States, headquartered in Minneapolis, Minnesota. Formerly Dayton Hudson Corporation, the company changed its name in 2000 to focus on discount retail, operating over 1,400 physical stores and a comprehensive e-commerce platform. Comparable sales fell 3.8% in the first quarter of 2025, forcing the company to lower its full-year guidance, primarily due to weak consumption and uncertainty surrounding tariff policies.

Through its ongoing digital transformation strategy, the company achieved growth despite the pandemic, with e-commerce sales increasing by 144.7% year-on-year in 2020. Target leveraged its omnichannel service innovation to build a differentiated competitive advantage. As of June 2025, the company had a total market capitalization of approximately $43 billion, a total of 440,000 employees, and businesses spanning general merchandise, apparel and home furnishings, and fresh food.

Target Corporation, headquartered in Minneapolis, Minnesota, is the second-largest discount department store group in the United States after Walmart and the seventh-largest retailer in the United States (as of 2021). It ranked 33rd on the 2010 Fortune 500 and is a component of the S&P 500.

It officially changed its name to Target Corporation in August 2000.

On June 13, 2011, Target announced its investment in the Canadian market and plans to open 100 to 150 retail stores in 2013 by leasing space from Zellers (a Canadian chain of department stores).

On May 5, 2014, CEO Gregg Steinhafel resigned. The company appointed Chief Financial Officer John Mulligan as interim successor and began recruiting for a new CEO.

Company name: Target Corporation.

Official domain: corporate.target.com.

Domain created: January 2, 1997.

Country: United States.

Headquarters: Minneapolis, USA.

Founded: 1902.