Target Corporation

Target Corporation
Formerly
  • Goodfellow Dry Goods
  • (1902–1903)
  • Dayton's Dry Goods Company
  • (1903–1910)
  • Dayton Company
  • (1910–1962)
  • Dayton Corporation
  • (1962–1969)
  • Dayton-Hudson Corporation
  • (1969–2000)
TypePublic
IndustryRetail
Founded
  • June 24, 1902 (1902-06-24) (corporation)
  • May 1, 1962 (1962-05-01) (store)
Founders
Headquarters
Number of locations
Increase 1,995 stores (2026)
Area served
United States, Canada (formerly, see Target Canada)
Key people
RevenueDecrease US$104.8 billion (2025)
Decrease US$5.117 billion (2025)
Decrease US$3.705 billion (2025)
Total assetsIncrease US$59.49 billion (2025)
Total equityIncrease US$16.17 billion (2025)
Number of employees
415,000 (2025)
Parent
SubsidiariesShipt
Website
Footnotes

Target Corporation is an American retail corporation headquartered in Minneapolis, Minnesota, United States. Target operates small-format and large-format retail stores and hypermarkets. It is the eighth-largest retailer in the U.S. and a component of the S&P 500 Index.

The original Target retail store was co-founded as a discount retailer by John Geisse and Douglas Dayton in 1962 for department store Dayton's in Roseville, Minnesota. Dayton's was renamed Target Corporation in 2000. Target is notable for its focus on upscale, trend-forward merchandise at lower costs. Its stores typically sell general merchandise. Target's logo refers to the center of a shooting target, and its canine mascot is named Bullseye. The corporation also operates two criminal forensics laboratories. Despite the identical logo and name and similar type of outlets, Target Corporation has never had a direct relation or affiliation to Target Australia.

As of 2024, Target is ranked No. 32 on the 2022 Fortune 500 list of the largest American corporations by total revenue. As of 2025, it operates more than 2,000 stores.

A Target store in Ocean Township, New Jersey
Map of Target stores in United States, as of December 2020