About Target Corporation Common Stock
Target Corporation is an American retail corporation and discount department store chain headquartered in Minneapolis, Minnesota, United States. Target operates small-format and large-format retail stores and hypermarkets. It is the eighth-largest retailer in the U.S. and a component of the S&P 500 Index. The first Target retail store was co-founded as a discount retailer by John Geisse and Douglas Dayton in 1962 for department store Dayton's in Roseville, Minnesota. Dayton's was renamed Target Corporation in 2000. Target focuses on upscale, trending merchandise at lower costs.