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Corporate Overview


Target is an upscale discounter that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and guest-friendly stores. In addition, Target operates an online business, Target.com.

Chairman, President and Chief Executive Officer
Gregg Steinhafel

Target Corporation Contacts
Main Number (612) 304-6073
Sales Information Line (612) 761-6500
Media Relations (612) 696-3400

Our Guests
  • Median age of 42
  • Median household income of approximately $60K
  • Approximately 33% have children at home
  • About 51% have completed college

Beyond the Bullseye

The people. The stores. The story. Explore the ways Target is revolutionizing retail.

Corporate
Responsibility Report

Our commitment to the communities we serve.

Download the 2008 Corporate Responsibility Report
6.1 MB

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Our Stores and Locations

1743 Stores in 49 States (including 252 SuperTarget locations)

Alabama19Idaho6Missouri36Oregon19
Alaska3Illinois86Montana7Pennsylvania59
Arizona48Indiana33Nebraska14Rhode Island4
Arkansas8Iowa22Nevada19South Carolina18
California243Kansas19New Hampshire9South Dakota5
Colorado42Kentucky13New Jersey43Tennessee32
Connecticut20Louisiana15New Mexico9Texas149
Delaware2Maine5New York64Utah11
District of Columbia 1Maryland36North Carolina47Virginia56
Florida127Massachusetts33North Dakota4Washington35
Georgia56Michigan60Ohio64West Virginia6
Hawaii3Minnesota73Oklahoma14Wisconsin37
  Mississippi6  Wyoming2

247 SuperTarget Stores in 22 States

Alabama7Iowa8Missouri3Texas51
Arizona8Illinois14Nebraska6Utah6
California9Indiana7North Carolina9Virginia4
Colorado20Kansas6North Dakota1Wisconsin2
Florida40Louisiana4Oklahoma5
Georgia13Minnesota25Tennessee4


26 Regional Distribution Centers

Fridley, MNOconomowoc, WIHuntsville, ALLugoff, SC
Newton, NCAlbany, ORKalamazoo, MIAmsterdam, NY
Fontana, CAIndianapolis, INPhoenix, AZDeKalb, IL
Pueblo, COStuarts Draft, VAChambersburg, PARialto, CA
Bakersfield, CAWoodland, CAWest Jefferson, OHMidway, GA
Cedar Falls, IALindale/Tyler, TXMidlothian, TX
Tifton, GAWilton, NYTopeka, KS


4 Food Distribution Centers

Lake City, FLFort Worth, TXPhoenix, AZCedar Falls, IA


4 Import Warehouses

Lacey, WASuffolk, VARialto, CA Savannah, GA

3 Target.com Distribution Center

Woodbury, MNOntario, CATucson, AZ


Financial Summary

Target Corporation 2008 2007 2006
Revenues$64,948$63,367$59,490
EBIT$4,402$5,272$4,323
Net Earnings $2,214$2,849$2,408
Net Earnings Per Share, Diluted$ 2.86 $ 3.33$ 3.21
Average Common Shares
Outstanding, Diluted 773.6850.8889.2
Target Stores
(Fiscal Year End)
2008 2007 2006
Number of Stores1,6821,5911,488
Square Footage 222,588207,945192,064
Number of Employees 351,000366,000352,000

Quarterly Results

3Q 084Q 08 1Q 09 2Q 09
Revenues (billions) $15.1$19.6 $14.8 $15.1
% Change vs. LY 1.9%(1.6)% 0.2% (2.6)%
Earnings Per Share TY .49.81 .69 .79
Earnings Per Share LY .561.23 .74 .82

Sales Increases - Target Stores

2008
November(6.1)(10.4)
December 0.2(4.1)
2009
January    0.8(3.3)
February(0.0)(4.1)
March(2.3)(6.3)
April4.50.3
May(2.3)(6.1)
June(2.6)(6.2)
July(3.2)(6.5)
August0.1(2.9)
September1.3(1.7)
October 2.8(0.1)

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