Target

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Target logo.

Target is a chain of 1,897 discount department stores in the United States. Created as the low-margin discount division of The Dayton Company department store chain, the first Target store opened in Roseville, Minnesota in May 1962. Target stores have made up the entirety of the Target Corporation's business since the Mervyn's and Marshall Field's chains were sold in 2004. The chain briefly expanded outside the United States with the conversion of 133 former Zellers stores into Target Canada starting in 2013, but the Canadian stores were unsuccessful and all closed in 2015.

Store history[edit | edit source]

The first four Target stores opened in Minnesota in 1962. The chain expanded outside the state for the first time in 1966, with the opening of two stores in Colorado. In 1980, Dayton Hudson Corporation acquired the Ayr-Way discount department store chain from L. S. Ayres and Company, converting its 40 locations, mostly in Indiana, into Target stores.

With the opening of the chain's first three locations in Hawaii in 2009, Target had locations in 49 states and the District of Columbia. The last remaining state, Vermont, saw its first Target open in 2018.[1][2][3]

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Total store locations, 1962-present
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Average floor area per store in thousands of square feet, 1962-present
Date Total US Canada Total
floor area
(sq. ft.)
Average
floor area
per store
Source
2/2/1963 4 4 366,000 91,500 [4]
2/1/1964 4 4 366,000 91,500 [4]
1/30/1965 4 4 366,000 91,500 [4]
1/29/1966 5 5 484,000 96,800 [4]
1/28/1967 7 7 722,000 103,100 [4]
2/3/1968 9 9 956,000 106,200 [4]
2/1/1969 11 11 1,192,000 108,400 [4]
1/31/1970 17 17 1,955,000 115,000 [4]
1/30/1971 24 24 2,840,000 118,300 [4]
1/29/1972 30 30 3,388,000 112,900 [4]
2/3/1973 45 45 4,686,000 104,100 [4]
2/2/1974 46 46 4,790,000 104,100 [4]
2/1/1975 46 46 4,797,000 104,300 [5]
1/31/1976 48 48 5,120,000 106,700 [6]
1/29/1977 52 52 5,440,000 104,600 [7]
1/28/1978 59 59 6,117,000 103,700 [8]
2/3/1979 67 67 6,917,000 103,200 [9]
2/2/1980 80 80 8,197,000 102,500 [10]
1/31/1981 137 137 13,229,000 96,600 [11]
1/30/1982 151 151 14,679,000 97,200 [12]
1/29/1983 167 167 16,261,000 97,400 [13]
1/28/1984 205 205 20,062,000 97,900 [14]
2/2/1985 215 215 21,071,000 98,000 [15]
2/1/1986 226 226 22,414,000 99,200 [16]
1/31/1987 246 246 24,260,000 98,600 [17]
1/30/1988 317 317 31,618,000 99,700 [18]
1/28/1989 341 341 34,189,000 100,300 [19]
2/3/1990 399 399 39,994,000 100,200 [20]
2/2/1991 420 420 42,241,000 100,600 [21]
2/1/1992 463 463 47,086,000 101,700 [22]
1/30/1993 506 506 52,211,000 103,200 [23]
1/29/1994 554 554 58,087,000 104,900 [24]
1/28/1995 611 611 64,446,000 105,500 [25]
2/3/1996 670 670 71,109,000 106,100 [26]
2/1/1997 736 736 79,360,000 107,800 [27]
1/31/1998 796 796 87,158,000 109,500 [28]
1/30/1999 851 851 94,553,000 111,100 [29]
1/29/2000 912 912 102,945,000 112,900 [30]
2/3/2001 977 977 112,604,000 115,300 [31]
2/2/2002 1,053 1,053 125,203,000 118,900 [32]
2/1/2003 1,147 1,147 140,255,000 122,300 [33]
1/31/2004 1,225 1,225 152,563,000 124,500 [34]
1/29/2005 1,308 1,308 165,015,000 126,200 [35]
1/28/2006 1,397 1,397 178,260,000 127,600 [36]
2/3/2007 1,488 1,488 192,064,000 129,100 [37]
2/2/2008 1,591 1,591 207,945,000 130,700 [38]
1/31/2009 1,682 1,682 222,588,000 132,300 [39]
1/30/2010 1,740 1,740 231,941,000 133,300 [40]
1/29/2011 1,750 1,750 233,618,000 133,500 [41]
2/3/2012 1,763 1,763 235,721,000 133,700 [42]
2/2/2013 1,778 1,778 0 237,847,000 133,800 [43]
2/1/2014 1,917 1,793 124 240,054,000 133,900 [44]
1/31/2015 1,923 1,790 133 239,963,000 134,100 [45]
1/30/2016 1,792 1,792 0 239,539,000 133,700 [46]
1/28/2017 1,802 1,802 239,502,000 132,900 [47]
2/3/2018 1,822 1,822 239,355,000 131,400 [48]
2/2/2019 1,844 1,844 239,581,000 129,900 [49]
2/1/2020 1,868 1,868 240,516,000 128,800 [50]
1/30/2021 1,897 1,897 241,648,000 128,600 [51]

References[edit | edit source]

  1. "The Dayton Company, Dayton Corporation, Dayton Hudson Corporation, and Target Corporation Annual Reports: 1965–2008", via archive.org.
  2. TARGET CORP (annual reports 1993-present), EDGAR, U.S. Securities and Exchange Commission.
  3. Annual Reports (2005, 2007–present), Target Corporation.
  4. 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 4.11 Dayton Hudson Corporation 1973 Annual Report, via archive.org. The report includes a detailed list of Target stores by location, opening year, and floor area, providing all the necessary information for all years before 1973.
  5. Dayton Hudson Corporation 1974 Annual Report, via archive.org.
  6. Dayton Hudson Corporation 1975 Annual Report, via archive.org.
  7. Dayton Hudson Corporation 1976 Annual Report, via archive.org.
  8. Dayton Hudson Corporation 1977 Annual Report, via archive.org.
  9. Dayton Hudson Corporation 1978 Annual Report, via archive.org.
  10. Dayton Hudson Corporation 1979 Annual Report, via archive.org.
  11. Dayton Hudson Corporation 1980 Annual Report, via archive.org.
  12. Dayton Hudson Corporation 1981 Annual Report, via archive.org.
  13. Dayton Hudson Corporation 1982 Annual Report, via archive.org.
  14. Dayton Hudson Corporation 1983 Annual Report, via archive.org.
  15. Dayton Hudson Corporation 1984 Annual Report, via archive.org.
  16. Dayton Hudson Corporation 1985 Annual Report, via archive.org.
  17. Dayton Hudson Corporation 1986 Annual Report, via archive.org.
  18. Dayton Hudson Corporation 1987 Annual Report, via archive.org.
  19. Dayton Hudson Corporation 1988 Annual Report, via archive.org.
  20. Dayton Hudson Corporation 1989 Annual Report, via archive.org.
  21. Dayton Hudson Corporation 1990 Annual Report, via archive.org.
  22. Dayton Hudson Corporation 1991 Annual Report, via archive.org.
  23. Dayton Hudson Corporation 1992 Annual Report, via archive.org.
  24. Dayton Hudson Corporation 1993 Form 10-K, via sec.gov.
  25. Dayton Hudson Corporation 1994 Form 10-K, via sec.gov.
  26. Dayton Hudson Corporation 1995 Form 10-K, via sec.gov.
  27. Dayton Hudson Corporation 1996 Form 10-K, via sec.gov.
  28. Dayton Hudson Corporation 1997 Form 10-K, via sec.gov.
  29. Target Corporation 1998 Form 10-K, via sec.gov.
  30. Target Corporation 1999 Form 10-K, via sec.gov.
  31. Target Corporation 2000 Form 10-K, via sec.gov.
  32. Target Corporation 2001 Form 10-K, via sec.gov.
  33. Target Corporation 2002 Form 10-K, via sec.gov.
  34. Target Corporation 2003 Form 10-K, via sec.gov.
  35. Target Corporation 2004 Form 10-K, via sec.gov.
  36. Target Corporation 2005 Annual Report, target.com.
  37. Target Corporation 2006 Form 10-K, via sec.gov.
  38. Target Corporation 2007 Annual Report, target.com.
  39. Target Corporation 2008 Annual Report, target.com.
  40. Target Corporation 2009 Annual Report, target.com.
  41. Target Corporation 2010 Annual Report, target.com.
  42. Target Corporation 2011 Annual Report, target.com.
  43. Target Corporation 2012 Annual Report, target.com.
  44. Target Corporation 2013 Annual Report, target.com.
  45. Target Corporation 2014 Annual Report, target.com.
  46. Target Corporation 2015 Annual Report, target.com.
  47. Target Corporation 2016 Annual Report, target.com.
  48. Target Corporation 2017 Annual Report, target.com.
  49. Target Corporation 2018 Annual Report, target.com.
  50. Target Corporation 2019 Annual Report, target.com.
  51. Target Corporation 2020 Form 10-K, via sec.gov.