Industry: Department Stores
Fortune Rank: 30
Target Corporation is a general merchandise retailer. As of 11/04, the Company operated 1,313 Target-brand store locations throughout 47 states, as well as an online business, Target.com. For the 26 weeks ended 7/30/05, revenues rose 13% to $23.47B. Net income from cont. opts. rose 38% to $1.03B. Revenues reflect higher same-store sales and improved product mix. Earnings also benefited from improved gross and operating margins.
Target Corporation (Target) operates large-format general merchandise discount stores in the United States and a much smaller online business. In addition, the credit card operations represent an integral component of the Company's retail business. Target offers both everyday essentials and fashionable, differentiated merchandise. During the fiscal year ended January 29, 2005 (fiscal 2004), the Company completed the disposition of two segments of its business, Marshall Field's and Mervyn's. Target offers credit to qualified guests through its branded credit cards, which include the Target Visa and Target Card.
Target Corporation is a Fortune 500 company. In 2010 Target Corporation was ranked number 30 on the Fortune 500 list, making it the 30th largest company in the United States when judged by revenue.
Target Corporation achieved revenue of $65,357.00 million in 2010 and earned a profit of $2,488.00 million.
Target Corporation's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 28th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $64,948 million (a change of 1 million compared to 2010) and profits of $2,214 million (a change of 0 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Target Corporation would be ranked 54th rather than 30th due to its profits of $2,488 in 2010.
|Target Corporation||Revenue*||Profit*||Fortune Ranking|
* US$ Million
1000 Nicollet Mall
- Target Corporation
- Contact Details