Credit Rating: S&P: A
Sector: Big Box
Target Corporation (Target), incorporated on February 11, 1902, is a general merchandise retailer selling products through its stores and digital channels. The Company's general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. The Company\'s digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online. The Company's owned brands include Archer Farms, Market Pantry, Sutton & Dodge, Art Class, Merona, Threshold, Ava & Viv, Pillowfort, up & up, Boots & Barkley, Room Essentials, Wine Cube, Cat & Jack, Simply Balanced, Wondershop, Embark, Smith & Hawken, Xhilaration, Gilligan & O\'Malley, Sonia Kashuk, Knox Rose and Spritz. The Company\'s exclusive brands include C9 by Champion, Hand Made Modern, Mossimo, 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 and Liz Lange for Target. The Company also generates revenue from in-store amenities, such as Target Cafe and Target Photo, and leased or licensed departments, such as Target Optical, Portrait Studio, Starbucks and other food service offerings. As of January 28, 2017, the Company had 1,802 stores across the United States, including 1,535 owned stores, 107 leased stores and 160 owned buildings on leased land.