Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free. Our insightful and holistic reports have helped corporates, academia and researchers take their research forward. You also agree to receive email updates from us on our new reports and solutions.

Target Corporation SWOT & PESTLE Analysis

ID : 52127553| Sep 2020| 12 pages

COMPANY PROFILE -Target Corporation

Business Sector :Retail

Operating Geography :United States, North America

About Target Corporation :

Target Corporation was founded by George Dayton and it is headquartered in Minneapolis, Minnesota. The company was originally named Goodfellow Dry Goods in June 1902. The company was renamed the Target Corporation in 2000 and has a total of 368,000 employees as of February 2020. Target Corporation is among the top two discount store retail companies in the US, along with Walmart.

Target Corporation Revenue :


US$ 78,112 million - FY ending February 1, 2020
US$ 75,356 million - FY ending February 2, 2019

Ownership / Major shareholders :


As of July 2018, the ownership distribution for the top 4 shareholders of Standard Bank Group are as follows: –
1) SSgA Funds Management, Inc. (8.38%)
2) Vangaurd Group Inc. (7.02%)
3) Blackrock Fund Advisors (5.30%)
4) Capital Research & Management Co. (2.65%)

Competitive Analysis of Target Corporation

SWOT
PESTLE
The SWOT analysis of Target Corporation is as follows:
Strengths
Weaknesses
1. Strong brand presence
2. One-stop shopping experience
3. Strong vendor relationships
1. Underutilization of online platform
2. Coping up with fashion trends – a difficult challenge
Opportunities
Threats
1. Target.com – Target’s online store
2. Expansion in food offerings segment
1. Difficulty adapting current suburban store format to urban setting
2. Intense competition from other retailers
SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Detailed SWOT Analysis of Target Corporation

 

Strength

1. Strong brand presence: The Target brand name is widely perceived and publicized. Notwithstanding the Target name, the company's prominent image, the red bulls-eye, is conspicuous all alone and is frequently used as a part of advertising campaigns. Target's brand value has empowered the company to build up the reputation of offering clients quality products at marked down costs. Target's strong image ought to be effortlessly transferable to urban areas.

2. One stop shopping experience: Target has sharpened the ability to appeal to the needs of its customers by offering a one stop shopping experience. The technique of addressing different needs in one location attracts busy customers who need to eat, shop and get photograph and drug store things all in one trip. This strategy could be emphatically connected to the urban buyers who are frequently in a hurry and in need of a one stop shopping experience.

3. Vendor relationships: Target has succeeded with regards to securing strong bonding with its suppliers and vendors. As a discount retail chain, Target has the advantage of achieving economies of scale in that it can save money by requesting products in bulk. Target has experienced strong vendor relationships to guarantee timely deliveries and in-stock stores with a very streamlined distribution process.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

Major Competitors :

  • Wal-Mart Stores (WMT)
  • Costco Wholesale (COST)
  • Amazon.com
  • CVS Health Corporation
  • The Gap, Inc.
  • The Home Depot, Inc.
  • Publix Super Markets, Inc.
  • Rite Aid Corporation
  • The TJX Company
  • Walgreens Boots Alliance
  • Big Lots, Inc.
  • BJ’s Wholesale Club Holdings Inc.
  • Burlington Stores, Inc.
  • Dillard’s, Inc.
  • Dollar General Corporation
  • Dollar Tree, Inc.
  • Five Below, Inc.
  • Fred’s Inc.
  • Hudson Ltd.
  • J.C. Penney Company, Inc. Holding Company
  • Macy’s Inc.
  • Ollie’s Bargain Outlet Holdings, Inc.
  • PriceSmart, Inc.
  • Sears Holdings Corporation
  • Sears Hometown and Outlet Stores, Inc.
  • Tuesday Morning Corp.
  • Best Buy Co.
  • Costco Wholesale Corporation,
  • The Kroger Co.,
  • Lowe's Companies, Inc
  • Staples, Inc.,
  • The TJX Companies, Inc.,

Major Brands :

  • Marimekko
  • Architect Michael Graves
  • Converse
  • Fiorucci
  • Fashion designers Lilly Pulitzer, Liz Lange, and Isaac Mizrahi
  • Go International
  • ClearRx
  • Target Café
  • Target Photo
  • C9 by Champion
  • Hand Made Modern
  • Mossimov
  • DENIZEN from Levi's
  • Just One You made by carter's
  • Nate Berkus for Target
  • Fieldcrest
  • Kid Made Modern
  • Oh Joy! for Target
  • Genuine Kids from OshKosh
  • Liz Lange for Target

Key Business Segments / Diversification :

Target Corporation
Retail bedding electronics food furniture lawn and garden pet supplies
small appliances sporting goods toys/games clothing and accessories
Beauty and healthcare housewares jewellery shoes

Recent Acquisition / Mergers / Alliance / Joint Ventures / Divestitures :

Open Table Preview
Name
Business Segment
Year
Type
Objective/Synergy Achieved
ShiptCosmetics, Manufacturing2017AcquisitionThe deal is worth $550 million. The move—one of the largest acquisitions in Target’s history—meant same-day delivery would become an option at about half of Target stores since the beginning of 2018. And by the 2018 holiday season, it will be an option at the majority of Target stores, and in all major markets.
Grand JunctionTransportation Technology 2017AcquisitionThe deal of undisclosed amount was done to improve and expand Target’s delivery capabilities. The acquisition also accelerated Target’s investments and ongoing efforts to transform its supply chain.
Sonia KashukBeauty Products2015AcquisitionTarget expanded the Sonia Kashuk brand’s product design and development team to include beauty experts, which is a first for the company. The terms of the deal are undisclosed.
Source: Company website and other reliable sources. The detailed table is available in the Complete Report.
SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Check Out Analysis of Other Relevant Companies

TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
References used in Target Corporation Analysis Report

Target Corporation 2015: https://corporate.target.com/

Target Corporation Annual Report 2015: https://corporate.target.com/_media/TargetCorp/annualreports/2015/pdfs/Target-2015-Annual-Report.pdf

How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

Target Corporation SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2020). Target Corporation SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/target-corporation/ [Accessed 26 Nov, 2020].

In-text: (SWOT & PESTLE.com, 2020)

Copyrights and Disclaimer

Target Corporation SWOT analysis has been conducted by Sambit Mishra and reviewed by senior analysts from Barakaat Consulting.

Copyright of Target Corporation SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions page for usage guidelines.

You might also like to check out :
Target Corporation SWOT & PESTLE Analysis
Price : USD 12.53