1 / 12

TARGET

TARGET. Presented by: Amanda Yost, Tamara Breidegam, Brandon DeWald, Kyle Fisherowski. History. 1961- Dayton’s department store identified a demand for a store that sold less expensive goods, in a quick, convenient format First Target was established in 1962, in Roseville, Minnesota

neve-finley
Download Presentation

TARGET

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TARGET Presented by: Amanda Yost, Tamara Breidegam, Brandon DeWald, Kyle Fisherowski

  2. History • 1961- Dayton’s department store identified a demand for a store that sold less expensive goods, in a quick, convenient format • First Target was established in 1962, in Roseville, Minnesota • The first retail store to offer well-known national brands at discounted prices

  3. The Target closest to you • Located in Spring Township • In the Broadcasting Square

  4. Mission Statement • Target Corporation is a growth company focused exclusively on general merchandise retailing. Our principal strategy is to provide exceptional value to American consumers through multiple retail formats ranging from upscale discount and moderate-priced, to full-scale department stores.

  5. Retail Divisions • The retail divisions includes Target, Marshall Field’s, Mervyn’s and each has its own distinct brand. The other core businesses are target.direct, Target Financial Services, Associated Merchandising Corporation, and Dayton's Commercial Interiors.

  6. Major Competitors • Wal-Mart • Federated • Kmart

  7. TGTT FDFD Market Cap 35.29B 9.09B Employees 306,000 113,000 How major competitors compare WMT Industry 245.02B 977.59M 1,400,000 10.30K Revenue 43.92B 15.44B 15.44B 1.97B Net Income 1.70B 1.70B 1.70B 22.75M TGT-Target Corporation FD-Federated Department Stores WMT-Wal-Mart Stores Inc. Industry-Supermarkets, Drugstores, Mass Merchandisers

  8. Number of Stores • Target Corporation operates about 1,500 stores • Target has more than 1,100 stores • Mervyn’s & Marshall Field’s make up the rest of the corporation • Target plans to open 92 more stores and 32 new SuperTargets in 2003

  9. Preparations Made for Holidays • Look at last year sales • Scheduling of employees • Competition of hours • Hiring of seasonal help • Prepare for returns that will be made • Special Sales • Online Shopping

  10. Store Hours • Normal hours: • Mon-Sat 8am to 10pm, Sun 8am to 9pm • Holiday hours: • After Thanksgiving 11/29-12/23, 7 days a week Target is open from 8am to 11pm

  11. Employees & Seasonal Help • Longer hours for employees to work • Store gets wrecked by the end of the shift • Employees have to stay longer to straighten the shelves • Seasonal help is hired • More team members are working on a shift • About 60% of seasonal help is kept • As long as the availability is there

  12. Online Shopping • Online shopping is convenient and easy to access • Shopping online has been low in recent years but is growing to more people having access to technology • Lower in recent years due to people not having access to technology, older people don’t know how to use Internet, younger crowds like to get out and drive • Growing now because of awareness and knowledge of how to use the Internet

More Related