Whatco

Target

General merchandise retail · United States

Target runs about 2,000 U.S. stores and digital channels that sell design-led owned brands and national brands at discount prices, using its stores to fulfil nearly all online orders and earning extra from ads, credit cards and membership.

What makes it different

Its stores fill almost every order, including online ones.

97.6%Merchandise sales fulfilled by storesFY2025

Stores act as fulfilment hubs for pickup, drive-up and same-day delivery, which lowers delivery cost.

How big it is

How big is Target?

$104.8BNet salesFY2025
1,995Stores2026
415,000Team members2026
How it makes money FY2025

Food and everyday essentials lead.

  • Food & beverage23%$24.1B
  • Household essentials17%$18.0B
  • Hardlines15%$15.8B
  • Apparel & accessories15%$15.7B
  • Other30%
How the business works

Design brands. Sell style. Earn beyond merchandise.

  1. 1Owned and exclusive brands
  2. 2Style at discount prices
  3. 3Ads, cards and membership

Advertising, credit-card profit sharing and membership add income that does not depend on the shelf.

Who owns it
  • State Street Corporation7.9%
  • BlackRock, Inc.7.2%

CEO: Michael J. Fiddelke

Who it competes with
Key moments
  1. 1962The first four Target stores open in Minnesota
  2. 1967Dayton Corporation goes public
  3. 1969Dayton Corporation merges with J.L. Hudson to form Dayton Hudson
  4. 2000Dayton Hudson is renamed Target Corporation
  5. 2015Closes all 133 stores in Canada
Sources

Every number on this page comes from Target's own reports.

Full profile

The rest of the story is in the app.

What Target tracks20 metrics
Stores
Retail square feet
Team members
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
California
Texas
Florida
The full timeline20 moments
2020
2024
2025
Target vs Walmartside by side
Revenue
Profit
People
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