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Industry Center - Discount, Variety Stores
Industry Center > Discount, Variety Stores > Target Corporation Company Profile
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Target Corporation Company Profile
Purveyor of all that is cheap, yet chic, fast-growing Target Corporation has bulked up by slimming down. The nation's #2 discount chain (behind Wal-Mart) now operates about 1,600 Target and SuperTarget stores in 47 states, as well as an online business called Target.com. Target and its larger grocery-carrying incarnation, SuperTarget, have carved out a niche by offering more upscale, fashion-forward merchandise than rivals Wal-Mart and Kmart. After years of struggling to turn around its Marshall Field's and Mervyns department stores divisions, the discounter sold them both in 2004. Target also owns apparel supplier The Associated Merchandising Corp. and issues Target Visa and its proprietary Target Card.
Headlines for Target Corporation
[external] Bottom Falls Out In Tokyo
at Forbes.com - Wed 2:35 am ET
Your First Move For Wednesday October 8th
at CNBC - Tue 7:17 pm ET
Where Are The Buying Opportunities?
at CNBC - Tue 6:59 pm ET
Final Glance: Broadline Retail companies
AP - Tue 5:58 pm ET
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Contact Information
Address: 1000 Nicollet Mall
Minneapolis, MN 55403
Phone:612-304-6073
Fax:612-696-5400
Financial Highlights
Fiscal Year End:January
Revenue (2008):63367.00 M
Revenue Growth (1 yr):6.50%
Employees (2008):366,000
Employee Growth (1 yr):4.00%
Key People
Chairman: Robert J. (Bob) Ulrich
President, CEO, and Director: Gregg W. Steinhafel
EVP and CFO: Douglas A. Scovanner
Industry Information
Sector: Services
Industry: Discount, Variety Stores
Top Competitors
Costco Wholesale Corporation (cost)
Kmart Corporation
Wal-Mart Stores, Inc. (wmt)
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