Trade Target Corporation
Target Company is an American retail company. The eighth largest retailer in the United States, an element of the S&P 500 index. Its biggest competitor, Wal-Mart Amazon.com, is the first and second largest retailer, respectively. The same goal was established as a discount section for Dayton in Minneapolis, Minnesota, in 1962; The parent company was renamed the target company in 2000 and stripped of its last store chain in 2004. It suffered a massive and widespread security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in early 2010, but saw a rebound as it expanded into urban markets within the United States. As of 2019, Target has operated 1,844 stores across the United States. The company ranks 37th in the Fortune 500 list for 2020 for the largest U.S. companies in terms of total revenue. Its retail formats include discount store Target, SuperTarget hypermarket, and "small format" stores formerly called CityTarget and TargetExpress before being merged under the Target brand.