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Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton ...
Target said Wednesday its comparable store sales were down 3.7% in the most recent quarter. At the same time, Walmart's were up 3.8%, and Amazon also saw increases. The decrease in ...
Target Corp. said Monday that the lower prices will roll out over the summer on national brands and its own house brands. “These reductions are in addition to our everyday low prices, which we ...
Cornell has hired many outsiders to update the corporate culture. Cornell occasionally visits Target stores and asks guests about their shopping experiences. As CEO, Cornell has been praised by outlets such as CNN, describing him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s.
Target pays a dividend, and its forward dividend is $4.40, or 3.39%. Its P/E ratio is 16.55, meaning that investors are paying $16.55 for each dollar of earnings. Competitor Comparison
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