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Target Weekly Ad 7/4/21 – 7/10/21 – Early Preview
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Target was formed in 1962 as a discount division of Dayton’s Company, Minneapolis, Minnesota; it began nationwide expansion in the store in the 1980s (as part of the Dayton-Hudson Corporation) and introduced new store formats under the Target brand in the 1990s. The company has been successful in the industry as an economic-elegant player. The parent company was renamed Target Corporation in 2000 and sold its latest department store chains in 2004. A huge and much-publicized security breach of customers ’credit card information and the bankruptcy of its subsidiary Target have suffered.
Canada was short-lived in the early 2010s. , but experienced renewed success with the expansion of U.S. urban markets. In 2019, Target operated 1,844 stores in the United States. The company ranks 37th in the 2020 Fortune 500 largest U.S. companies in terms of total revenue. Their retail formats include the Target discount store, the SuperTarget hypermarket and the “small format” stores, which were previously known as CityTarget and TargetExpress before being consolidated under the Target brand.
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