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The Total retail space of Target Corporation in United States of America (2017 - 2020, Sq. Ft.)

  • The Total retail space of Target Corporation in United States of America reached 248,805.63 Sq. Ft. in 2020

  • The indicator recorded a historical growth (CAGR) of 0.80% between 2017 to 2020

The Total retail space of Target Corporation in United States of America (2017 - 2020, Sq. Ft.)

Published: December 2021
Source: GlobalData

Target Corp (Target) 

Target Corp (Target) is a retailer of general merchandise and food products. The company’s product portfolio comprises baby and beauty products, clothing, electronic equipment, furniture, grocery, home and pet products, school and office supplies, shoes, sports and outdoor products, toys, and sports equipment. Target also offers optical clinics and other amenities, home delivery, photo printing service, rewards, and gift card services. The company leases certain retail stores, warehouses, office space, distribution centers, land, and equipment. Target markets products under owned brands and exclusive brands. It operates stores under Target, Expect More. Pay Less., and Bullseye Design banners. Target is headquartered in Minneapolis, Minnesota, the US. 

Apparel and Accessories category includes apparel for women, men, boys, girls, toddlers, infants and newborns, jewelry, accessories, and shoes. Beauty and Household Essentials category comprises beauty, personal care, baby care, cleaning, paper products, and pet supplies. Food and Beverage category includes dry grocery, dairy, beverages, candy, frozen food, snacks, deli, bakery, meat, produce, and food service in its stores. Hardlines include electronics such as video game hardware and software, sporting goods, toys entertainment and luggage. Home Furnishings and Decor category includes furniture, lighting, kitchenware, small appliances, home decor, greeting cards, bed and bath, school and office supplies, home improvement, party supplies, and seasonal merchandise. 

Products & services 

Target is a retailer of general merchandise and food items. The company's major products, services, and brands include the following: 

Products 

  • Baby Products 
  • Beauty Products 
  • Clothing 
  • Furniture 
  • Electronics Equipment 

Services 

  • Instore Pharmacy 
  • Optical 
  • E-Retail 
  • Clinics and Other Amenities 

Corporate strategy 

Target strives to enhance its industry-leading same-day services by providing an assortment of adult beverage and fresh grocery items. The company focuses on remodeling its store network across the globe. In line with its remodel program, the company remodeled many stores in the end of 2020 and is planning to remodel more stores by the end of 2021. 
 
The company plans to accelerate new store openings and store remodels, enhance fulfilment services, and strengthen its supply chain to provide its guests with an easy, safe, and convenient shopping experience.  
 

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