NYSE: TGTTarget Corp Statistics & Facts
Key Target facts
- Founded
- 1902
- Headquarters
- Minneapolis, Minnesota
- Founders
- George Dayton
- IPO Date
- 1967-10-18
Target Store Stats
Target Sales & Revenue Statistics
Target Sales by Product Category
What are the top selling categories at Target?
Source:Target
Beauty & household essentials
$29.58B
Food & beverage
$22.92B
Home furnishings & décor
$19.46B
Apparel & accessories
$17.65B
Hardlines
$17.74B
Other
$247.00M
$19.463 billion of Target's $107.588 billion in sales for its fiscal year 2022 came from home furnishings and decor. [2]
Date: Mar 8, 2023
Target Product Type Share of Sales
What does Target sell the most of?
Source:Target
Beauty & household essentials
28%
Food & beverage
21%
Home furnishings & décor
18%
Apparel & accessories
16%
Hardlines
17%
28% of Target's sales in its fiscal year 2022 comprised of beauty and household essentials. [2]
Date: Mar 8, 2023
Target Expenditure Statistics
Target Major Acquisitions
Target acquired same-day delivery company Shipt for $550 million in cash in 2017. [5]
Date: Dec 13, 2017
Target acquired the technology behind same-day delivery company Deliv in May 2020. [6]
Date: May 7, 2020
Target acquired transportation technology company Grand Junction in 2017. [7]
Date: Aug 14, 2017
Target acquired makeup brand Sonia Kashuk in 2015. [8]
Date: May 28, 2018
Target Employee Statistics
Target Employees by Race/Ethnicity
What percentage of Target employees are Black?
Source:Target
White
46%
Hispanic
28%
Black
16%
Asian
5%
Native American or Alaska Native
0.7%
Native Hawaiian or Pacific Islander
0.6%
16% of Target employees are Black. [10]
Last Accessed: Dec 27, 2022
56% of Target employees are women. [10]
Last Accessed: Dec 27, 2022
56% of Target managers are white. [10]
Last Accessed: Sep 24, 2023
67% of Target officers are white. [10]
Last Accessed: Sep 24, 2023
69% of Target's board of directors is white. [10]
Last Accessed: Sep 24, 2023
77% of Target's leadership team is white. [10]
Last Accessed: Sep 24, 2023
Target Miscellaneous Stats & Facts
A 2017 study found that 64% of shoppers prefer Target for their back-to-school shopping. [11]
Last Accessed: Jan 7, 2021
75% of U.S. residents live within 10 miles of a Target store. [12]
Last Accessed: Jan 7, 2021
The Target Corporation was founded in 1902 but the first Target store was opened in 1962. [9]
Last Accessed: Jan 7, 2021
Sources
1.
2.
Target FY2022 Annual Report
https://corporate.target.com/_media/TargetCorp/annualreports/2022/pdfs/2022-Target-Annual-Report.pdfDate: Mar 8, 2023
3.
4.
Insider Intelligence
https://publicsite-wordpress-storage.development.insiderintelligence.com/uploads/2021/08/03093839/eMarketer-top-10-us-retailers-ranked-by-ecommerce-sales-2021-billions-266604.jpegLast Accessed: Sep 24, 2023
5.
6.
Tech Crunch
https://techcrunch.com/2020/05/07/target-is-looking-to-buy-delivs-same-day-delivery-tech/Date: May 7, 2020
7.
8.
9.
Target
https://corporate.target.com/about/purpose-history/Target-through-the-yearsLast Accessed: Jan 7, 2021
10.
Target
https://corporate.target.com/sustainability-ESG/diversity-equity-inclusion/workforce-diversityLast Accessed: Sep 24, 2023
11.
Branding Brand
http://blog.brandingbrand.com/news/shoppers-choose-target-and-walmart-over-amazon-for-back-to-schoolLast Accessed: Jan 7, 2021
12.
Company
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