Target

Target Corporation is an American retailing company, founded in 1902 and headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, Walmart being the largest. The company is ranked 36th on the Fortune 500 and is a component of the Standard & Poor’s 500 index. Its bullseye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain, which is unrelated to Target Corporation. The first Target store was opened in 1962 in Roseville, Minnesota. Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed as Target Corporation in August 2000. Target operates 1,934 stores in the United States; it began operations in Canada in March 2013 and operated 127 locations through its Canadian subsidiary. By 2015, it had 133 stores in Canada, but on January 15, Target announced that it would be closing all of them, putting 17,000 out of work. In December 2013, a data breach of Target’s systems affected up to 110 million customers.