Target

The Scoop Right on Target The Minneapolis-based Target Corporation (formerly cognise as Dayton Hudson) is the second largest discount retailer in the fall in States according to the National Retail Federation. It operates more than 1,313 stores in 47 states, including 136 SuperTargets in 19 states and employs about 328,000 people. Target certainly has its white share of competition in the form of such normal discount retailers as Wal-Mart and Kmart (which announced in November 2004 that it planned to melt with another venerable retailer, Sears), but the guilds flagship chain has managed to cook a loyal following attracted by its quirky ads, decorator merchandise and low prices. Two is better than one Dayton Hudson was form in 1969 by the merger of the Dayton Corporation and the J.L. Hudson Company. Dayton had built the fields first full(a)y enclosed obtain mall in 1956 and opened the first Target discount store in 1962. Hudsons crowning glory was the Northland Center in Detroit, which was the worlds largest shopping center when it opened in 1954. Dayton Hudson became the seventh-largest retailer in the U.S. in 1978 when it bought Mervyns (now called Mervyns California). In 1990 Dayton Hudson, expanded once again with the purchase of marshall Fields.

Dayton Hudson complemented its core holdings by buying catalog company Rivertown Trading Company and The Associated Merchandising Corporation, an apparel supplier in 1998. The company changed its name to Target Corporation in 2000 to confer its largest subsidiary. Today, the Target chain (which includes SuperTarget and Target Greatland stores) accounts for more than 80 percent of the parent companys revenue. Target has been enjoying a long uttermost of prosperity; even through the economic downturn of the proterozoic 2000s, the company has seen its revenue rise. For instance, in 2002, the company had $43 one million million in revenue, up from $39 billion in 2001, and in the second quarter of 2003, net... If you want to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.