Target: net sales in the United States 2015-2023
Target Corporation operates a chain of general merchandise stores, which offer a wide variety of general merchandise and food to their customers. The company has operated primarily in the United States since its inception. Target did have a number of stores in operation in the Canadian market, but these were all closed in 2015. Target Corporation had net sales amounting to approximately 105.8 billion U.S. dollars in 2023, making it one of the leading American retailers.
The development of an American retail giant
The company started out as the Dayton Dry Goods Company in 1902, later changing its name to the Dayton Company, but more commonly known as Dayton’s. The company was run under the Dayton-Hudson Corporation banner up until the year 2000, when it was renamed Target Corporation. The company spread across the United States and even entered the Canadian market for brief period. Target Corporation has an impressive number of stores in the United States. Today, Target is one of the most valuable retail brands in the world.
Where does Target’s revenue come from?
Target Corporation sells a wide range of goods, such as food, apparel, household essentials, and seasonal offerings, as well as many others. The company also sells products online, through target.com. Target’s sales share is quite evenly distributed.
