Target Corporation Finance Essay

Corporate Finance-BUS 350 By: Taylor English & Yomar Torres For closely the Statesns stern is the go-to store for almost anything from bedding and house do in items to notebooks and lavish point supplies. chump Corporation turned 50 years ancient in 2011, while their financial results represent a single-years achievement, its an achievement based on their five decades in dividing line. In 2011, butt reached a new high of $68.5 gazillion dollars; most of their sales come from household essentials. In 1962, Tar get opened their doors for the first time in Roseville, Minnesota. During the early years, bespeak was stocked with a full grocery assortment, for the 1960s minus stores was a whole new concept. Today, Target differentiates itself from other retailers by combining the best department store features like fashion, holding and service, with the low prices of a discounter. Targets offers large, general ware and food discount stores, and a fully integrated online military control called Target.com where people can purchase from the comfort of their homes. The Company short operates 1,767 Target stores in 49 states. Target is #38 on the Fortune 500s annual ranking of the Statess largest corporations.

While Target Corporation is the second-largest discount retailer in the United States behind Wal-Mart it still does pretty good for itself. Chairman, President, and CEO Gregg Steinhafel expressed how well they were doing and continuing to grow in his letter to Targets shareholders in the 2011 annual report. Steinhafel discusses their key product assortment, ambitiou s store remodel program, increased investmen! t, and their dramatic play and aspirational marketing approach. Steinhafel goes on to say that they have set up goals for the future. In the next year, Steinhafel wants to increase annual sales to $ vitamin C one million million million or more than and grow their earnings per share to at least $8 by 2017. Having these goals in place and let all of their squad members know what direction they are...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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