Top 10 Retail Companies in the World 2018

Posted in Top Brand Lists, Total Reads: 2085

7. Target

Target is second largest discount store retailer after Walmart in US having a strong geographic reach.


Image: flickr.com/photos/jeepersmedia/

The company was founded by George Dayton and has its headquarter in Minneapolis, Minnesota. The first store was established in 1962 in Roseville, Minnesota.

It has more than 1800 stores across world by 2017.Target parent company is known by the name Dayton-Hudson Corporation and Target is the highest earning division of Dayton-Hudson Corporation. It experienced massive success by expanding its operations in the urban markets of US. It caters to the need of youth and image conscious shoppers whereas its rival follows a strategy of “always low price”. Target operates in several formats which include the discount store Target, the Supermarket hypermarket and flexible format stores. The first SuperTarget store was opened in Apple Valley, Minnesota in 1990; the stores are 50% larger than traditional stores with the inclusion of grocery department. Target also pay much attention to its ecommerce operations, the target.com domain attracted around 228 million visitors annually by 2008. In Dec 2017, Target announced the corporation intent to purchase Shipt for $550 Million in order to compete with its competitor like Amazon and Walmart. Shipt is an internet based online grocery delivery service in US. Target globally was able to generate $69 Billion worth of revenue with an overall profit of $2.7 billion in the year 2017.

Sales (Billion): $69.00

Profit (Billion): $2.70



Looking for Similar Lists, Browse more Top Lists

Share this Page on:
Facebook ShareTweetShare on Linkedin