90 Facts About Target Corporation

Target Corporation is an American big box department store chain headquartered in Minneapolis, Minnesota.

Target Corporation was established as the discount division of Dayton's department store of Minneapolis in 1962.

Target Corporation has found success as a cheap-chic player in the industry.

Newly constructed stores that follow the PFresh format are roughly 1, 500 square feet larger than properties without groceries, although retain the Target Corporation branding because their offerings are considerably more limited than SuperTarget Corporation.

Target Corporation remodeled 109 stores accordingly in 2006, and renovated another 350 stores the following year.

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On June 15, 2015, CVS Health announced an agreement with Target Corporation to acquire all of Target Corporation's pharmacies and clinic businesses for around $1.

The Target Corporation pharmacies were rebranded as CVS Health pharmacies, which totaled 1, 672 pharmacies in February 2016.

The acquisition of the Target Corporation pharmacies enabled CVS to expand its market into Seattle, Denver, Portland, and Salt Lake City.

Target Corporation expanded their grocery assortment in 2003 and adopted the modified tagline "Eat Well.

When comparing itself with rival Walmart Supercenter hypermarkets, then-chief executive Gregg Steinhafel opined that Walmart operates like "a grocer that happens to sell general merchandise, " where in contrast, its less aggressive expansion of SuperTarget Corporation stores is indicative of their position that the grocery industry as a "high-impact, low-cost" side project.

Target Corporation operated 239 SuperTarget locations as of September 2015; they each encompass an estimate of 174, 000 square feet.

Target Corporation opened a 45, 000 square feet store in the Tribeca neighborhood of New York in October 2016.

Target Corporation opened a 22, 000 square feet store in Austin's Dobie Twenty21, adjacent to the UT Austin campus.

TSS ceased operations in its department-store group, the division of the former Associated Merchandising Corporation that acted as a buying office for Saks, Inc, Bloomingdale's, Stage Stores Inc, T J Maxx, and Marshalls.

Target Corporation Brands is the company's brand-management division that oversees the company's private-label products.

On January 9, 2020, Target Corporation announced its new activewear brand, All In Motion, an athleisure line with products for men, women, boys, and girls.

On March 9, 2021, Target Corporation announced a new brand called Favorite Day, a brand that sells bakery, snacks, candy, premium ice cream, cake decorating supplies, beverage mixers, mocktails items.

In January 2010, Target Corporation announced their vendor partners for the re-platforming project.

In 2016, Target Corporation planned to roll out the RFID technology at all 1, 795 of its store locations across the United States.

Target Corporation opened new distribution centers in 2006 to support the growth of its stores.

On January 27, 2009, Target Corporation announced the closing of its distribution center in Maumelle, Arkansas, the second-oldest in the company.

In June 2009, Target Corporation opened a new distribution center to supply more than 60 stores in three states.

Target Corporation partnered with Swisslog Holding to use a semiautomated monorail picking system called the CaddyPick system for use in the food-distribution centers.

Target Corporation has its headquarters on Nicollet Mall in Minneapolis near the site of the original Goodfellows store.

Target Corporation had the roughly $260 million complex developed to provide one location of office space for 6, 000 employees.

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In January 2016, Target Corporation fired Tina Tyler from her job as chief stores officer.

In 2006, when Target Corporation was asked why it didn't participate in the survey again, a representative explained, "Target Corporation views diversity as being inclusive of all people from all different backgrounds, not just one group.

Target Corporation is consistently ranked as one of the most philanthropic companies in the US.

Target Corporation has a no-solicitation rule at its properties, as it seeks to provide a "distraction-free shopping experience for its guests.

In 2004, however, Target Corporation asked the organization to explore alternate methods to partner with Target Corporation.

Target Corporation donates to local Salvation Army chapters through its grant program and annually to the United Way of America.

Target Corporation provided monetary and product donations during the September 11 attacks; it donated money for relief efforts for the 2004 tsunami in South Asia and donated $1.

In 2007, Target Corporation agreed to reduce its sales on all materials containing polyvinyl chloride.

Lois Gibbs, executive director of the Center for Health, Environment, and Justice, stated, "Target Corporation is doing the right thing by moving away from PVC and switching to safer alternatives.

Target Corporation is beginning to reduce energy use with energy-efficient storefronts and reducing waste with recycling programs.

In mid-2006, Target Corporation took it a step further when it began introducing a newer cart design made entirely of plastic.

Target Corporation released a 13-page report in 2007 that outlined their current and future plans for becoming more earth-friendly according to LEED.

Some Target Corporation stores are installing roof gardens or green roofs, which absorb stormwater and cut down on surface runoff, mitigate temperature fluctuations and provide habitats for birds.

Target Corporation carries over 700 organic and alternative products from brands such as Archer Farms, Burt's Bees, and Method Products.

In collaboration with MBH Architects, Target Corporation's first "green" building was a 100, 000+ square foot Target Corporation store built-in 1995 in Fullerton, California.

Target Corporation is the only national retailer employing a Garment Hanger reuse program, which keeps millions of pounds of metal and plastic out of landfills.

On October 1, 2009, Target Corporation agreed to pay a $600, 000 civil penalty for importing and selling a variety of toys with lead paint levels that were higher than is legally allowed.

The Consumer Products Safety Commission alleged that "Target Corporation knowingly imported and sold the illegal Chinese-made toys between May 2006 and August 2007.

In March 2015, Target Corporation reached a class-action settlement with affected consumers for $10 million.

In May 2016, Target Corporation settled with affected banks and credit unions for $39 million, of which $19 million would be disbursed by a MasterCard program.

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Target Corporation only operates in the United States as of 2022, however in the past, Target Corporation attempted to bring their stores to Canada.

In 2015, Target Corporation followed Walmart in raising its minimum wage to $9 per hour.

Two years later, Target Corporation announced that the minimum hourly wage would be increased to $11 by October 2017 and pledged to raise it to $15 by 2020.

In June 2020, Target Corporation announced ahead of schedule that the minimum hourly wage would rise to $15 permanently, after previously announcing it to be temporary through July 4, 2020.

In February 2021, Target Corporation began offering all of its hourly employees up to four hours of pay when they get both doses of the COVID-19 vaccine as well as covering the cost of a Lyft ride, up to $15 each way, to the vaccination appointment.

The median Target Corporation shopper is 40, the youngest of all major discount retailers that Target Corporation competes directly against.

In October 2008, Target Corporation announced plans to fight the perception that their products are more expensive than those of other discount retailers.

Target Corporation planned to slow its expansion from about 100 stores a year down to 70 stores a year.

Target Corporation stores are designed to be more attractive than large big-box stores by having wider aisles, drop ceilings, a more attractive presentation of merchandise, and generally cleaner fixtures.

In 2014, Target Corporation "respectfully" asked their guests to leave any firearms at home when visiting the store.

Target Corporation once sold a line of shoes called "Miss Targe;" this was reinforced by a 1980s television advertisement starring Didi Conn.

In recognition of the nickname's popularity and cachet, Target Corporation licensed its new name and logo to Brand Central LLC in 2006, complete with an accent over the letter "E" for a new line of clothing aimed at more upscale fashion customers.

Target Corporation uses a practice that was derived in 1989 from The Walt Disney Company by calling its customers "Guests, " its employees "Team Members, " and its supervisors "Team Leaders.

Target Corporation has many exclusive deals with various designers and name brands, including Finnish design company Marimekko; architect Michael Graves; athletic wear company Converse; Portland-based undergarment designer Pair of Thieves; Italian fashion label Fiorucci; fashion designers Lilly Pulitzer, Liz Lange, Mossimo Giannulli, and Isaac Mizrahi, among others.

Target Corporation signed an exclusive deal with Food Network to sell VHS tapes of TV shows featuring popular chefs such as Alton Brown, Paula Deen, and Rachael Ray.

In 2005, Target Corporation introduced a major revision of prescription bottles, which it calls the ClearRx system.

In 2016, Target Corporation began to enforce gender neutrality in its marketing of toys, and stopped explicitly listed specific toys as being for "boys" or "girls.

In February 2021, Target Corporation announced it would begin opening "mini Apple shops" in some of its stores.

Target Corporation GiftCard is the retailing division's stored-value card or gift card.

Target Corporation sells more gift cards than any other retailer in the United States and is one of the top sellers, by dollars and units, in the world.

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Target Corporation rolled out a new MP3 player gift card for the 2006 holiday season.

In 2006, The Washington Post revealed that Target Corporation was operating two criminal forensics laboratories, one at its headquarters and the other in Las Vegas.

Target Corporation apologized and began its outward support of the LGBTQ community.

In 2017, Target Corporation was the founding partner of New York City's Pride Youth.

Target Corporation has a score of 100 on the Human Rights Campaign Corporate Equality Index for their corporate policies and practices pertinent to lesbian, gay, bisexual, transgender and queer employees.

On February 12, 2012, The New York Times published an article which detailed a statistical model that Target Corporation had deployed which used customer data to assign guests a “pregnancy prediction score”.

Target Corporation responded by defending its customer analytics program and stating that the resulting inferences were in compliance with federal and state health information laws.

In 2014, the California Supreme Court ruled that Target Corporation stores do not have a positive duty to keep automated external defibrillators in stores for purposes of first aid.

Target Corporation initially refused to sell Frank Ocean's Channel Orange and Beyonce's self-titled album, due to those records becoming available to digital retailers, like iTunes, before physical copies were made.

In January 2017, Minnesota United FC, a Major League Soccer expansion team debuting for the 2017 season, announced that Target Corporation would be the team's front-of-jersey match-kit sponsor, as well as sponsoring MLS overall.

In 2017, Target Corporation announced a series of national, local, and charitable initiatives that mark the retailer's largest-ever push into team sports.

Target Corporation became an official partner of Major League Soccer in a multiyear deal that includes airtime during MLS broadcasts on Univision, FOX Sports, and ESPN, opportunities for in-stadium experiences, player appearances, and ownership of certain major MLS platforms.

Target Corporation is the official sponsor of 2017 and 2018 MLS All Star Games.

Target Corporation was a long-time sponsor of the IndyCar and NASCAR racing teams of Chip Ganassi Racing.

Target Corporation won the series championship for the Target team, by five points over second-place finisher Will Power.

Target Corporation started sponsoring stock cars in 2001 with Sterling Marlin when Chip Ganassi bought into the Felix Sabates stock-car team.

Sorenson drove the car through the 2008 season, and Target Corporation has had some major sponsorship time on the Ganassi Racing No 40 car with Dario Franchitti and Jeremy Mayfield, who subbed for the injured Franchitti.

For 2009, the Target Corporation sponsorship moved to the No 42 driven by Juan Pablo Montoya with the newly formed Earnhardt Ganassi Racing.

Target Corporation sponsored Earnhardt Ganassi Racing's No 8 car driven by Aric Almirola, which it co-sponsors in some races with other sponsors such as Guitar Hero and TomTom until the team was disbanded in May 2009.

Kyle Larson took over the No 42 car in 2014 and Target Corporation sponsored the No 51 of Phoenix Racing for Larson's Sprint Cup Series debut.

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Target Corporation ended its association with IndyCar racing at the end of the 2016 season.

In July 2017, Target Corporation announced that it would end its sponsorship of Ganassi's NASCAR team at the end of the year.

Target Corporation owns the naming rights to the Minnesota Timberwolves' home, Target Corporation Center since it first opened in 1990.

Target Corporation owns the naming rights to the Minnesota Twins' home ballpark, Target Corporation Field.

Target Corporation was the founding sponsor of the Weekend America radio program.