Target's Organizational Communication Paper

The Target Corporation as it is known today grew out of a small dry goods store that is known for giving back. Target grew in a retail research company that then expanded into a commercial business. Target had grown out of the Dayton-Hudson Corporation and became its biggest source of revenue. When the company was renamed to Target its focus was on helping the environment and education and making sure they were giving back. With this company in partial its main focus today has not changed and with it being one of the top retailers in the United States they can really make the difference.

After working in banking and real estate, native New Yorker, George D. Dayton decides to explore Midwest markets. Dayton notices Minneapolis offers some strongest opportunities for growth and so decides to purchase land on Nicollet Avenue and forms Dayton Dry Goods Company – today known as Target Corporation (“Target through the Years”). “Target Corporation is an upscale discount retailer that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and customer friendly stores” (“Corporate Fact Sheet”). Today, target operates 1,829 stores in United States, which has enabled the company to grow to the top of the retail store market. It has implemented various techniques and strategies to constantly improve and ensure the effectiveness and efficiency of all operations (“Corporate Fact Sheet”).

Target Corporation is one of the most growing and successful retail stores in the world today. In order to maintain this, Target depends on many types of data that help them stay on top of their customer's wants/needs and make important business decisions that will impact their customers. Some of the data used by Target are customer demographics, fashion and brand trends, purchasing behavior, and much more. This data for Target is collected from multiple sources. For example, all purchases over the months or years by customers are collected.

Quality- Target will continue to partner with many great partners to offer unique and brand specific items that are consistent with Target Expect More. Pay Less ® brand promise. Target is recognized as a leader in innovation across the retail industry from pioneering the concept of designer partnerships. Packaging- Target will continue to be innovative in its packaging and convenience.

The Target Corporation is an American retail company founded in 1902 in Minneapolis, Minnesota. Originally named Goodfellow Dry Goods, the company was later renamed to Dayton's Dry Goods Company in 1903 and finally becoming the Target Corporation in the year 2000. Over the years, the Target Corporation grew and expanded its retail operations and by the 1970s, it had become a well-known and respected discount retailer by becoming the first retailer to offer a private label credit card to its customers. In the 1980s through 1990s, the Target Corporation invested heavily in technology and supply chain management, which allowed it to expand its product offerings and improve the customer shopping experience. In the years to come, the Target Corporation

Target Corporation (TGT) is an international general merchandise and grocery retailer founded in Minneapolis, Minnesota that works to ensure that the customer is provided with the opportunity to purchase a wide variety of goods such as household products, electronics, pharmacy, personal care products, grocery goods, clothing apparel, and sporting goods in order to achieve customer satisfaction at a discounted price in order to remain competitive within the industry. The primary goal for Target is to overcome their various competitors within the industry in order to generate profit through continuous innovation and delivering outstanding value at each Target location in order to be the preferred shopping destination amongst the customer. In

Due to new technology and online purchasing, the way in which Target does business has changed dramatically. Consumers have changed their preferences on buying. Sitting on our couch and buying online while we watch our favorite T.V. show, is easier and cheaper than having

Target is one of the most popular shopping locations for women between the ages of 18-44 and has become a booming corporation, making approximately 83.3 billion dollars a year. People can not get enough of the brightly lit and colorful store, where the aisles are spread out, and organized to a tee. Target is known for their endless and unique selling of a variety of foods, household goods, clothes, electronics, and much more. Most people would say that Target has become the multi-billion dollar business today because there's nothing that can’t be found or give a boost to someone's day like a trip to their local Target store. The aesthetic environment of the store, the infamous Dollar Section, its partnership with Starbucks, easy access to groceries, friendly and helpful employees, and overall a one stop shopping experience all contribute to the appeal of Target to women across the country.

Since Target Corporation is accessible in different places around the world, changes in rules and regulations of different countries it operates might impact on Target’s performance. It may also cause additional costs and expenses. this is associated especially to health, security and business laws. On social environment, Target annually do volunteering. They have a Target Books for School Award which allows them to give away $500 worth of books to local

Target Corp. sells both items produced by other companies as well as sells items they have produced themselves. Target only sells the products they produce in their stores so they don’t have to worry about filling orders for other companies or be worried about demand from another company decrease. They are in control of their own supply and only have to worry about their own stores and the supply needed in house. While Target does produce some of their own goods, I would say their product or service is the shopping experience. Target Corp wants the consumers to choose them over all the other options there are out there that may offer similar products.

Owners – Target’s owners are one of the most important stakeholders. They are the people who started and owns the business to profit from the successful operations of Target. They have decision making aptitudes and the people who has first right to profit. The proprietors are the primary strategist and organizer.

Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).

Target Corporation is one of the famous retail stores in the United States which is founded by George Dayton in 1902. Walmart is the main competitor to Target because these companies have similarities such as goods, services, business form, and customers. To compare Target to Walmart is logical because people can determine and analyze advantages and disadvantages in annual financial statement between Target and Walmart. Target and Walmart have different data on investment activities which are important to their companies. Investment activities are, uses necessary resources for operating of their companies which include computers, delivery trucks, furniture, buildings.

2. Customers: As the recession hit, unemployment rose and people started becoming more responsible with money, the consumer priority changed. Since Target was known for style, fashionable in slightly higher price, in the end, they hurt themselves. Target should have done a lot better of a job in providing customer

A retail store that has most benefits Target was formed by the aid of a person named George Draper Dayton who was the sole founder as well as owner of this store. He had the ability to cope with matters that looked out of reach of most people at the time living in the US. Dayton was a hardworking professional and had willingness to make most of his abilities and look in to contention in the world of business that has usually been shared with. The store after it was named in 2000 has emerged as one of the leading stores globally as well because it is a superb retail store that operates with multiple branches in various parts of US.