# Target

> Target Corporation is a U.S. general merchandise retailer that combines more than 2,000 stores with ecommerce, store-based fulfillment, an invite-only marketplace, loyalty memberships, owned brands, advertising and same-day delivery. Its distinctive pitch is affordable design and a curated shopping experience: national names sit beside more than 40 only-at-Target brands, while stores double as local pickup and shipping hubs. The company reported $104.78 billion in fiscal 2025 net sales and entered 2026 under CEO Michael Fiddelke with a strategy centered on merchandising, guest experience, technology, and teams and communities.

- **Founded:** 1902
- **Headquarters:** Minneapolis, United States
- **Founders:** George Draper Dayton (Founder of the company that became Target Corporation)
- **Team size:** More than 400,000 team members
- **Products:** Target stores and Target.com, Owned brands, Order Pickup and Drive Up, Shipt same-day delivery, Target Plus
- **Notable:** Expanded from the first Target store in Roseville, Minnesota, in 1962 to more than 2,000 U.S. stores., Reached all 50 states with the opening of its first Vermont store in 2018., Built more than 40 owned brands that account for roughly one-third of sales and more than $30 billion in annual revenue.

## Products & services

- **Target stores and Target.com** — General merchandise and food retail across stores, web and mobile, with locally tailored assortments.
- **Owned brands** — More than 40 exclusive brands spanning apparel, home, food, beauty, essentials and electronics; together they generate more than $30 billion annually.
- **Order Pickup and Drive Up** — Free same-day store pickup, including car-side handoff and Drive Up returns at nearly every store.
- **Shipt same-day delivery** — Store-to-door delivery powered by Target's wholly owned Shipt platform and shopper network.
- **Target Plus** — An invite-only third-party marketplace that expands Target's online assortment while preserving curation.
- **Target Circle** — A free loyalty program with automatic deals and personalized bonuses.
- **Target Circle Card** — Debit and credit products offering 5% savings, shipping benefits and extended returns.
- **Target Circle 360** — A paid membership with unlimited same-day delivery on eligible $35-plus orders, fast shipping and member perks.
- **Roundel** — Target's retail media business, offering brands advertising informed by first-party guest insights.

## Achievements

- Expanded from the first Target store in Roseville, Minnesota, in 1962 to more than 2,000 U.S. stores.
- Reached all 50 states with the opening of its first Vermont store in 2018.
- Built more than 40 owned brands that account for roughly one-third of sales and more than $30 billion in annual revenue.
- Placed more than 75% of the U.S. population within 10 miles of a Target store.
- Built same-day delivery coverage reaching about 80% of the U.S. in more than 5,000 cities.
- Maintained a practice, dating to 1946, of giving 5% of profits to communities in products, cash and Target Foundation support.
- Reported 1 million team-member volunteer hours in 2024.
- Designed a Vista, California, store that produces more energy annually than it uses.

## Latest updates

- **2026-08** — Target named Chandhu Nair its first chief AI officer and moved Purvi Shah into a senior vice president of UX role.
- **2026-08** — Target announced the first Good & Gather cookbook, extending its food owned brand beyond the shelf.
- **2026-07** — Target Plus added brands including Clarks, Forever 21, JanSport, JLab, Hisense and Serta to its invite-only marketplace.
- **2026-06** — The board raised Target's quarterly dividend 1.8% to $1.16 per share.
- **2026-05** — First-quarter net sales grew 6.7%, digital comparable sales rose 8.9%, and same-day delivery grew more than 27%.
- **2026-03** — Target reported fiscal 2025 net sales of $104.78 billion and set a four-priority growth plan under CEO Michael Fiddelke.

## Links

- Website: https://www.target.com/
- LinkedIn: https://www.linkedin.com/company/target
- Twitter/X: https://x.com/Target
- YouTube: https://www.youtube.com/Target
- Instagram: https://www.instagram.com/target/
- Facebook: https://www.facebook.com/target/
- TikTok: https://www.tiktok.com/@target

---

Profile page: https://yespress.io/target
Published by YesPress — https://yespress.io
Last updated: 2026-08-12