- Yahoo Finance
Who owns Target Corporation? Mutual funds own over 36 percent of Target, while other institutional investors own almost 47 percent of the discount retailer. The Vanguard Group and State Street...
Target Corporation (doing business as Target and stylized as target) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the ...
Although the Target Corporation owns Target and is currently led by Brian Cornell, it continues to pay its respects to the Dayton family who started it all.
Target Corporation owns Target, not Walmart, even though Walmart has bought several corner shops for restoration and use as tiny Walmart stores. Related Questions Who Created Target? Target was founded in 1962 by the Dayton Company as a family business focusing on retail items. At the time, their objectives were critical to their success.
Currently, the Target stores located across the USA are owned by the Target Corporation. However, it was known by the name Dayton-Hudson corporation until 2000. The company changed its name for rebranding purposes. As of now, it is running more than 1900 retail stores that are located in all 50 states of the USA.
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 Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department
Target Corp. owns 50+ in-store brands Source: Getty The parent company of Target (NYSE:TGT) renamed itself from Dayton-Hudson Corporation to Target Corp. in 2000.
Target's CEO since August 2014 is Brian Cornell. leadership The Target Corporation also owns Shipt and Roundel. More to love! Target is headquartered in Minneapolis, Minnesota, its hometown since the first Target store opened in 1962 under The Dayton Company. history $106 billion in total revenue, 2021 1,938 stores in the U.S. 5%
Target (NYSE: TGT) is owned by 78.01% institutional shareholders, 0.95% Target insiders, and 21.04% retail investors. Vanguard Group Inc is the largest individual Target shareholder, owning 43.25M shares representing 9.33% of the company.
As board chairman and CEO, Brian Cornell heads the dynamic global team behind Target, a leading omnichannel growth company in American retail. Based in Minneapolis, Target has nearly 2,000 stores covering all 50 American states, a headquarters location in India and global supply chain and sourcing offices.