Overview
Target operates general-merchandise stores selling food, clothing, household goods, electronics and toys, with a large portfolio of owned brands such as Good & Gather, Cat & Jack and Room Essentials.[2] It is headquartered in Minneapolis and Forbes gives its founding year as 1902.[2] Target’s Forbes sales fell 1.7% to US$104.8bn, the second-largest decline in this ranking after Seven & i, and it dropped from eighth to ninth.[2] Profit was US$3.7bn and market value US$55.0bn. Forbes counts 415,000 employees.[2]
Target strengths and limitations
Strengths
- Large owned-brand portfolio
- Profit margin of 3.5%
- Ninth-largest retailer by sales
Limitations
- Sales fell 1.7%
- Lost a place to Ahold Delhaize
- US-only operations
Appears in
Target peers and competitors
Companies ranked in the same lists as Target.
Walmart- TJX Companies
- Amazon
Costco Wholesale- Lowe’s
Kroger- Home Depot
Alimentation Couche-Tard- Alibaba Group
Ahold Delhaize- Tesco PLC
- Carrefour SA
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