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Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota.It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
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The new stores would create about 3,400 jobs. 11 May: Lowe's Canadian unit acquired 13 store leases and distribution centre in Milton, Ontario for $151 million. [82] The stores created about 2,000 jobs. 15 May: Target US had set up an employee trust fund to guarantee Target Canada team members get paid till May 15 whether the store closed ...
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By 1975, Target was the company's top revenue producer and by the end of the 1970s annual sales exceeded $1 billion. [1] In 2000, the parent company took the Target name from its stores. [ 5 ] At the time of Dayton's death, the company he once led was the 36th largest company in the United States.
Gregg Steinhafel was born in 1954 in Milwaukee, Wisconsin.His grandfather founded Steinhafels Furniture in Milwaukee, Wisconsin in 1934. [1] [2] He began working in the store when he was in grade school, performing odd jobs.