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Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
Target's original bullseye logo, used from 1962 until 1968. 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.
Analysts on Target’s earnings call on Wednesday asked about the timing and reasoning behind the price cuts and whether Target or its vendors are picking up the tab.
Target on Wednesday posted a decline in quarterly revenue as still higher prices on essentials cut into shopper spending.
Target ended the quarter with almost $3.6 billion in cash. Second quarter earnings per share are projected to be $1.95 to $2.35, vs. estimates for $2.19. Comparable sales for the quarter are seen...
Target Corporation, like many large retail and grocery chain stores, offers private brands.