Target Corporation is one among the leading retail brands in the present scenario of marketing world. The story of this grand Target Corporation started in the year of 1902. George Dayton of Minnesota was the founder of this grand corporation. Originally Target Corporation was popularly known as Dayton Dry Goods Co.
Target Corporation claims to be the sixth largest retail corporation in America. The first five brand names are Wal-Mart, Costco, Sears Holdings Corporation, The Home Depot and Kroger. United States is the main working place for this Target Corporation.
Target Corporate inaugurated its first retail store in 1962 and it was located in Roseville in Minnesota. However, within 9 years (in 1971) Target Corporation had already acquired in total sixteen retail stores. All these stores were from the famous Arlan's department store chain, which were based in different places like Iowa, Colorado and Oklahoma.
Before 2000, the famous Target Corporation was popularly known as Dayton Hudson Corporation. However, after that it changed its name and turned into Target Corporation. Now the headquarters of the leading retail brand Target Corporation is located on Nicollet Mall in the city of Minneapolis in the southern region of Minnesota.
There are various subsidiaries under the Target Corporation. Some of these are Target Commercial Interiors, Target Financial Services (TFS), Target Brands, Target Sourcing Services/The Associated Merchandising Corporation (TSS/AMC), Target.com and so on.
Being in the position of leading retail brands, Target Corporation has to compete with various other leading retail brands. Some of these rival discount retail brands are Wal-Mart, Kmart and many more.
