Target Corporation Business Analysis

With the down turn in the economy, many consumers have turned to Dollar General and Dollar stores; this has caused a decrease in Target’s revenue. Another threat is Wal-Mart and their ability to offer lower prices on their products compared to Target which makes them the low cost leader. (ehow.com)

The company defines itself as an upscale discounter that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and customer-friendly stores. Target sells a variety of general merchandise and food which include food assortment, dry grocery, dairy and frozen items. Target operates an online business (Target.com). Target differs from Walmart

Company Profile Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota. Target Corporation operates general merchandise and food discount stores in the United States. It operates as two reportable segments: Retail and Credit Card. The company offers household essentials, including electronics, music, and toys; apparel and accessories; home furnishings as well as seasonal merchandise. It also sells its merchandise under private-label brands, such as Archer Farms, etc. Target Corporation operates in-store amenities, such as Target Caféand Target Clinic as well. Its marketing strategy includes selling its products on its online shopping site Target.com and its network of

Headquartered in Minneapolis Minnesota, Target Corporation is one of the largest chains of retail stores in United States and Canada (Stone, 1995). Founded in 1902, the chain now has more than 360,000 employees worldwide. The company operates nearly 1925 stores out of which 1795 stores are in the US and 130 stores are in Canada (NASDAQ, 2014). The business prides itself in a diverse portfolio of merchandise that their outlets houses, ranging from dry groceries to electronics, furniture, apparel and much more. Its distribution networks make use of third party vendors, direct shipping as well as distribution centers. It also operates a successful e-store target.com which offers customers a virtual one-stop shop for their needs.

Target Corporation is known worldwide as a large retail chain that brings in millions of dollars each fiscal year. The ability to remain competitive in a saturated industry could prove difficult to some retailers, but Target remains one of the leaders in the retail market. With success comes risk. Target Corporation competes against online retailers as well as “big box” stores to remain competitive.

The three-year return on the stock price of Target Corp is 55.79. The stock is performing very well increasing each year. In January 4 2015, Target Corp was at $77.13. In January 4, 2016, Target Corp is 71.38. In January 3, 2017, Target Corp was at $71.44. The three-year return on the stock price of Costco is $173.22. The stock is performing very well, increasing each year. In 2015, the stock was at $145.56 on January 4, 2015. In 2016, the stock went to $151.11 on same time last year, and 162.83 on January 3, 2017. Both of these stocks are comparable by steadily increasing. This indicates that their sales are increasing which means consumers are contributing all the time.

Target revised, estimated2009 depreciation expense is lower because of the longer average useful life of Walmart’s assets.

Target Corporation has recognized itself as one of the top retailers in the United States market on the basis of excellent service quality, customer experiences, operational excellence, strong financial position, and a wide array of product offerings. Through its high degree of service orientation at physical outlets and adoption of fair business practices, Target Corporation has become the most distinctive retailer in the eyes of its potential customers. Being one of the top-notch retailers in the United States, Target Corporation has to carefully strategize on its business operations and marketing tactics so as to keep itself in the row of competitive brands of the industry.

Target store was formed about a century ago and is named since then as one of the most outstanding stores that have ever been formed in the US and has several thousand employees and branches working with it. It is a long time famous store and has items ranging from electronics to clothing as well as accessories. An assortment of home items such as furniture as well as kitchen appliances which are also the need when you arrange from Target store online using the web store and get recognition of this store marked as one you have been told about.

Target Corporation is a public retailing company having headquarters are based in Target Plaza North & Target Plaza South Minneapolis, Minnesota, United States. The company was actually founded in 1902 by George Dayton and was known as Dayton Dry Goods, in 1962 its name was modified to Dayton-Hudson but eventually in 2000 Target Corporation was finalized as a consequence. Strengths • The company is very well known after Wal-Mart for the discounted retails of the item displayed. • Besides being component of Standard & Poor’s 500 index, the company is enjoying 30th position in Fortune

Target still has consistency to work with clients and become a leader in online retailing stores that people are reverting to specialized ways of making access as preferred and there are effective shopping procedures you attain from this web store as you get recurrent access of it in quick succession.

I am an avid Target shopper. I have all the discount cards, a membership in the rewards programs, and an account on the website. I love the savings I can get on high quality products, and the friendly team members. I frequently order things from Target.com and get my prescriptions there. When compared to other stores in the area, specifically Walmart, Target can 't be beaten on discounts, atmosphere, and online shopping experience. I do almost all my shopping there, and avoid Walmart anytime it 's possible.

Target Corporation is having a very stable financial policy and dividend policy. From the historical financial data, Target had debt $11,044M, $11,202M, $10,599M, $17,471M, and $19,882M in the year of 2005,2006,2007,2008, and 2009 respectively. The long-term debt/equity ratio rises from 69.34% to 108%.

Target is an upscale discounter that provides high-quality, trendy merchandise at attractive prices in clean, spacious and guest-friendly stores. In addition, Target operates an online business, Target.com. It all started in 1902, when George Dayton joined in partnership with Goodfellow’s Dry Goods Company, the fourth biggest department store that is located in Minneapolis, MN. Dayton, wanting to be more involved in the company bought out Goodfellow’s to become sole owner and President of Dayton Dry Goods Company (Target Corporation, 2014). Travel on down through the years as Daytons continues to grow, until 1962. That was the year an icon was born, its name is “Target.”

Target one of the largest stores that stand next to Wal-Mart, not in quantity but in their quality of their service to their community. Target is cannot compare to Wal-Mart in their sales because not lot of people can afford or like to even spend more money for better things. Most of American rather has quantity of items rather than the quality of them. I would agree that most of the products in Wal-Mart is a lot cheaper and their sister company Sam’s Club give them a little more of an edge towards to likes of their customers and their friendly bundles for businesses. Sam’s Club has a lot of bundles from office supplies to foods and drinks. So there is no wonder why a lot of people chooses the Wal-Mart family rather than Target.