More About Target

Target is an American discount department store chain. Founded in 1902 as Dayton’s Western Stores, it was the first discount department store and grew to become one of the world’s largest discounters. In 1962, the company changed its name to Dayton Hudson Corporation. In 1995, the company sold its Hudson Department Stores division to Federated Department Stores, which rebranded them as Federated Target Stores.

In 2004, the company completed its takeover of rival grocery store chain Supervalu, which had owned many Target stores since 1986, and the following year became a publicly traded company under the ticker symbol “TGT.” Target operates 870 stores in 45 U.S. states. Its products include groceries, general merchandise, furniture, housewares, clothing, toys, and jewelry.

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