Target Corp. is the second-biggest U.S. discount retailer. It differentiates itself by selling stylish products at reasonable prices. The company has partnerships with an evolving group of designers. Based in Minneapolis, Target ended FY21 with 1,897 stores in the U.S. representing 240 million square feet. In January 2015, the company announced its exit from the Canadian store market along with plans to close approximately 130 stores in Canada. Target sold its in-store pharmacies to CVS in December of 2015. For the fiscal year ended January 30, 2021, the company had total revenues of $92 billion. Sales on Target.com represented about 18% of the total in FY21, up from about 8.8% of the total in FY20, 7% in FY19, 5.5% in FY18, and 4.4% in FY17.
HLT, LMT, V, EFX, KMI, UPS, TXN
UPS
PEP
UPS
UPS
Chris Graja, CFA
Senior Analyst: Retail