Target Corporation is an American retail corporation operating large-scale discount stores offering food and general merchandise. Founded as the Dayton Dry Goods Company in 1902, the company launched its first Target store in 1962 in Roseville, Minnesota. In 2000, the corporation was renamed Target Corporation. Target is known for its focus on trend-forward merchandise at lower costs and its recognizable red bullseye logo. As of 2025, Target operates nearly 2,000 stores throughout the United States and employs over 400,000 people.
Michael Fiddelke is the current CEO, assuming the role on February 1, 2026, succeeding Brian Cornell, who transitioned to executive chairman. In recent news, Target announced executive leadership changes to accelerate growth plans, including the appointment of Lisa Roath as Chief Operating Officer and Cara Sylvester as Chief Merchandising Officer. These changes come as the company is working to improve the in-store customer experience. Target is the seventh-largest retailer in the U.S.. In 2024, Target Corporation reported total revenue of $106.6 billion.