StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Target Corporation - Essay Example

Cite this document
Summary
Target Corporation Target Corporation is a large corporation. Target was founded around 1902. Since 1902 the company has grown to become very successful and known by households around the world. The red bulls eye is recognized by many. The Target Corporation focuses on giving back to the community…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Target Corporation
Read Text Preview

Extract of sample "Target Corporation"

Download file to see previous pages

The full name of the retail store known as Target is Target Corporation. This name came to be known in 1962. Target Corporation has a main headquarters located in Minneapolis, Minnesota. The main headquarters is located right downtown. Other smaller offices are also located in Minneapolis, Minnesota. The state of Arizona is home to the financial headquarters for Target Corporation. Target Corporation also has two banks that are located in Sioux Falls, North Dakota and Salt Lake City, Utah (Target2011).

These many different headquarters allow for target to provide appropriate customer service and financing. Target Corporation was not always known as the Target that is today. The first Target store was opened in the 1900’s and named Good fellows. Good fellows produced dry goods. The store was located in downtown Minneapolis. It wasn’t long before the company became known as the Dayton Company. Later in the 1960’s the first Target store was opened. The store was located in Roseville, Minnesota.

The store quickly became popular and expanded to the now known Target Corporation. This rapid growth came from a strong founder. The founder of Target Corporation is George Dayton. George Dayton was born in 1857. George was born in New York. Throughout his career he stumbled upon a retail store that his bank had foreclosed on (Soylent Communications 2011). This business venture was the start of many other additions. George acquired more popular retail stores such as Mervyns, Hudson’s and Marshall Fields.

These many retail mergers led to the current Target Corporation. These mergers also proved the strength that Target Corporation has. George’s determination allowed him to become a successful business man and build Target Corporation to what it is today. The original business of Target Corporation was a Dry Goods retail store. It wasn’t long before the Good Fellow Dry Good’s Company became known as one of the number one suppliers of retail goods. Products originally sold were retail items like other department stores.

Target Corporation sells various products. Products range from children’s clothing, canned goods, jewelry and electronics. Target Corporation is a one stop shop for popular products. Target Corporations owns a majority of manufacturing facilities that help keep the price of goods low. The Target Corporation has a history as many different companies. Target Corporation is responsible for the Merger of many popular retail chains. In 1956, Target Corporation was responsible for the very first shopping center that had two different shopping levels.

This new shopping center became the new face of shopping centers in America. Soon after Target Corporations two story shopping center, many similar shopping centers such as malls were spreading throughout the country. The target store was the first of its kind. The Target store of 1962 was able to offer discounted retail items. Offering discounted items made Target a popular retail chain. The 1960’s and 1970’s were huge decades for Target Corporation. During this time, there were large mergers and the announcement of Target Corporations entering into the stock market.

Another merger with Marshall Field’s later took place in the 1990’s. This final merger allowed Target Corporation to become huge generating over $30 billion dollars (Target2011). The success of Target stores led to the sale of Marshall Field’

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Target Corporation Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1410987-target-corporation
(Target Corporation Essay Example | Topics and Well Written Essays - 1250 Words)
https://studentshare.org/environmental-studies/1410987-target-corporation.
“Target Corporation Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/environmental-studies/1410987-target-corporation.
  • Cited: 0 times

CHECK THESE SAMPLES OF Target Corporation

Dayton Family Supply Chain Management

Target Corporation Supply Chain [Instructor Name] Target Corporation Supply Chain Supply chain management has become an essential component for organizations to increase productivity and efficiency in their overall operations, therefore the purpose of this research paper is to evaluate the supply chain process of Target Corporation, for understanding different functions of their supply chain.... hellip; Target Corporation is a US based company, which was started by Dayton Family in 1962, and it has become the largest retail chain store by operating in 49 states of US (Target, 2012)....
5 Pages (1250 words) Research Paper

Working Capital Case Study: Target Corporation

The ideal target would be of 30 days Inventory holding period.... This could be on account of the recession prevailing in the current economy.... The credit card receivable period has improved from 547 days in the year 2007 to 246 days in the year 2008. The cash… This is largely on account of defaulting Credit card receivables....
3 Pages (750 words) Essay

TARGET CORPORATION FINANCIAL ANALYSIS AND INTERPRETATION

Question: Determine the working capital and current ratios for 2004, 2005, and 2006 for the Target Corporation based on the information contained in the consolidated balance sheets in Appendix A.... Did Target's working capital and current ratio increase or decrease from 2004 to… For Target Corporation, the level of working capital and current ratio has been decreasing since 2004.... 2. Current ratio is a liquidity ratio that Assignment Question: Determine the working capital and current ratios for 2004, 2005, and 2006 for the Target Corporation based on the information contained in the consolidated balance sheets in Appendix A....
2 Pages (500 words) Essay

TARGET CORPORATION FINANCIAL ANALYSIS AND INTERPRETATION

d] Target Corporation FINANCIAL ANALYSIS AND INTERPRETATION Target Corporation Target Corporation Perform their business as Target, is an American department store.... s of January 2010, Target Corporation operated 37 division centers United States.... Target Corporation competes in a straight line against other discount retailers, mainly like Wal-mart and K-mart.... Target Corporation's Financial Analysis:In order to define whether an organization is doing sound we must go through a few things....
2 Pages (500 words) Essay

SEC FILING REPORT (TARGET Corporation)

Hence, the company prepares its financial statement using General Accepted Accounting Principles (GAAP) using reportable segment of US and Canada(“Target Corporation - Annual Report 2013” 28).... The company's financial statement are prepared using consolidating variable interest tities considering the balances of the company after the elimination of subsidiaries and intercompany balances and transaction (“Target Corporation - Annual Report 2013” 33)....
3 Pages (750 words) Admission/Application Essay

Case Analysis of Walmart and Target Corporation

This study "Case Analysis of Walmart and Target Corporation" conducted in 2005 investigates two of the largest retail companies in the USA.... hellip; With the revenues of $52,620 million and profits of $2408 million Target Corporation ranked 27 on the list of Fortune 500 companies.... Target Corporation has an impressive layout, sophisticated outlook and it's offering range from everyday essentials to the fashionable, differentiated merchandise....
8 Pages (2000 words) Case Study

Analysis of Target Corporation

"Analysis of Target Corporation" paper starts with the introduction of the company providing factors such as history, size, growth, and revenue in detail.... hellip; The SWOT analysis of Target Corporation providing a description of strength, weakness, opportunity, and the threat of the company has been discussed.... With the growth of Target and is the largest division of Dayton Hudson Corporation, the company was then renamed in August 2000 as Target Corporation....
7 Pages (1750 words) Coursework

Target Corporation in the News

"Target Corporation in the News" paper focuses on the article by Minneapolis, according to which Target Corporation declared its strategy to accelerate the multiyear plan which was established in 2018.... nbsp;… According to the news material, Target Corporation has initiated a multi-year strategy which is meant at improving its business through portfolio management and offering a better minimum hourly wage of 12 USD.... Target Corporation has for an extended period been determined in capitalizing on its team by using the adoption of competitive payments as well as a broad variety of support resources, training, and tools to its employees so as to nurture them professionally and offer and a comprehensive encounter for customers....
3 Pages (750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us