Preview

Swot Target Corporation

Satisfactory Essays
Open Document
Open Document
430 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Swot Target Corporation
SWOT Analysis
Strengths
• Target Corporation is the second larges retailer after Wal-Mart in US.
• Huge market share in US.
• Large number of retail networks around 1500 stores.
• Increase sales after each year.
• Target stores have variety of products which includes clothing, shoes, jewelry, health and beauty products, electronics, compact discs, DVDs, bedding, kitchen supplies, sporting goods, toys, pet supplies, automotive supplies, and hardware supplies.
• It provides very good shopping environment for the customers
• Strong distribution channels.
• The most recognized corporate logos in United Stated, ahead of the Nike.
• Target Stores are more attractive then Wal-Mart.
• The top seller of Gift Cards in US.
• Target is committed to having their location accessible to many of their current and potential guests

Weaknesses
• Target products are more expensive as compared to competitors.
• Limited visibility in International Market.
Target Corporation brand awareness is low as compared to Wal-Mart.
Opportunities
• Increase market share
• To take on competitions plans (i.e., Wal-Mart) and focus on opening stores in international markets
• New locations give Target the opportunity to be diverse in the market. More and more Targets are attaching to trendy malls in different market segments.
Threats
• Fierce competition from Wal-mart and Costco.
• The current recession possibly divert the customer from high price products to low price products.
• In some markets, Target's prices are higher than competitors
• Terrorism is increasing; security is the main concern of the customers.

Translate ke Indonesia kekuatan • Target Corporation adalah pengecer kedua terbesar setelah Wal-Mart di AS.
• pangsa pasar yang besar di Amerika Serikat.
• Jaringan ritel yang besar sekitar 1500 toko.
• Penjualan terus meningkat dalam 5 tahun terakhir.
• Target memiliki berbagai produk yang meliputi pakaian, sepatu, perhiasan, produk kesehatan dan

You May Also Find These Documents Helpful

  • Best Essays

    Target has also become a recognizable figure in many communities, operating well over 1,700 stores. Like J.C. Penney’s, Target also offers apparel, shoes, jewelry, beauty products, cookware and home furnishings through retail outlets and online sales. Services such as styling salons, optical, restaurants, pharmacy and portrait studios are also offered at select retail…

    • 3019 Words
    • 13 Pages
    Best Essays
  • Better Essays

    The mission statement for the company is “Our mission is to make Target your preferred destination in all channels by delivering outstanding value, continuous innovation and exceptional guest experiences by consistently fulfilling out Expect More. Pay less. Brand promise.” (Jurevicius, 2013). The mission statement reveals that Target is a very progressive company who has the desire to move forward at rate that keeps them in the front of their competition. Target has worked vigorously to stay up to date on the newest trends and latest technology to fulfill their brand promise. The vision that has been set forward for Target as a corporation is for the company to have better online operations and more environmentally friendly stores to aid in the fight to keep our planet health. Target reaches their customers on personal level with the way they cultivate inclusion in how they address issues, such as body image, natural products for skin care and cleaning products, environmental issues, and…

    • 1166 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Target Corporation

    • 837 Words
    • 3 Pages

    The purpose of this memo is to provide significant financial information of Target Corporation as well as to provide the necessary assistance to facilitate an investment decision.…

    • 837 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Hr491 Position Paper

    • 2459 Words
    • 10 Pages

    Target Corporation is a nationally recognized discount retailer that is focused on providing customers with trendy, high-quality products at affordable prices. Target is celebrating its 50th anniversary this year, after opening the first store in 1962 located in Rovesville, Minnesota (About Target, 2012). Today, Target has 1,763 stores in 49 states, Target.com, 37 distribution centers nationally, a headquarters in India, expanding to Canada in 2013, and a branded proprietary credit card and rewards programs. This organization is focused on giving the customer the ultimate shopping experience, and because of that, is recognized as an innovating leader in the retail industry.…

    • 2459 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Target Strategic Audit

    • 15483 Words
    • 83 Pages

    This report examines Target Corporation’s performance in a detailed strategic audit. The audit includes an external, internal and strategic analysis as well as a recommended course of action. The findings of the audit recommend a robust on-line/mobile presence to complement in-store sales, and to increase future earnings to remain competitive by building upon physical assets, brand value and logistical capabilities.…

    • 15483 Words
    • 83 Pages
    Powerful Essays
  • Good Essays

    Target

    • 40703 Words
    • 163 Pages

    Sales reached a new high of $68.5 billion, we set a new record for earnings per share, and our shopping experience clearly resonated with consumers across the country. All year long, our team executed with spirit, discipline and the thoughtful approach to innovation that comes with a half-century’s perspective. As a result, Target is well positioned to deliver continued profitable growth and meaningful shareholder reward. In 1962, discount retailing as we know it didn’t exist. Then, Target and our bestknown discount-store peers opened for business, responding to growing consumer demand for value and convenience— demands that are still paramount today. When Target opened, we set out not only to meet these demands, but to create a different kind of experience. We believed we could offer our guests…

    • 40703 Words
    • 163 Pages
    Good Essays
  • Satisfactory Essays

    Mcdonald's $1.00 Menu

    • 356 Words
    • 2 Pages

    One of the secret of any marketing strategy is to reach the target audience. And here again the target audience should be chosen carefully. To target new audience involves the innovation aspect wherein new products line up to catch up with the new trends and tastes of the people. McDonald’s diversity into other new business ventures can also be considered as its strengths.…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    SWOT Analysis: Target

    • 1530 Words
    • 7 Pages

    Target’s purpose and mission statement is “We fulfill the needs and fuel the potential of our guests. That means making Target your preferred shopping destination in all channels by delivering outstanding value, continuous innovation and exceptional experiences—consistently fulfilling our Expect More. Pay Less.® brand promise.” Target’s determination to fulfill the needs and fuel the potential of their guests is leading them to their solutions that drive both business and social value. Target is focused on new ways to build onto Target’s legacy of corporate responsibility. Target works along side and together with their team members, guests, suppliers, and communities to create better outcomes on issues that matter. The focus will always be…

    • 1530 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    The company is Target Corporation; it is a retail store that provides anything under the sun. Regular target stores provide groceries, clothes, furniture, sporting goods, electronics and toys. You name it they got it. Target’s company statement is “expect more, pay less” their mission is to be the preferred shopping destination for the guests by delivering outstanding value, continuous innovation, and an exceptional guest experience and consistently fulfilling their company statement.…

    • 2178 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Target seems to stick to their word on their mission statement aside from the fact that their customer service majority of the time is lacking. But, because of the convenience of the store it keeps bringing the customers back and reeling in the new…

    • 1251 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Target Corporation

    • 3133 Words
    • 13 Pages

    The Target Corporation, what used to be known as the Dayton Dry Goods Co., is an American retailing company that was founded in Minneapolis, Minnesota, in 1902. In 1962, the first Target store was opened in Roseville, Minnesota. It is the fifth largest retailer by sales revenue in the United States behind Wal-Mart, The Home Depot, Kroger and Costco. The company is ranked 33rd on the 2007 Fortune 500. Target operates its retailing business exclusively in the United States. It is a rival with Kmart and Wal-Mart. Target was listed in Internet Retailer's list of the top 500 retail web sites in 2007 also, this not only proves of brick and mortar sucsess but also online retail.…

    • 3133 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Target Corporation

    • 2902 Words
    • 12 Pages

    “Reference for Business”. History of Mervin 's California Company Profile. N.p., n.d. Web. 21 Jun 2010.…

    • 2902 Words
    • 12 Pages
    Better Essays
  • Better Essays

    It offers a fun, comfortable and safe shopping environment with low-prices on high quality, well-designed items. Target is process-oriented, focused on getting their work done with integrity towards employees and customers. They have a deep concern for their employees, providing a fair, positive work environment and fair wages. Target is dedicated to meeting their guests’ needs and always catering to the guest experience, which contributes greatly to their success and the positive consumer attitude towards their…

    • 1781 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Target Corporation

    • 2418 Words
    • 10 Pages

    Target Corporation is a quickly growing company who has over 1400 stores in the United States with plans of opening 600 new stores within the near future. This expansion requires great planning and commitment from the human resources department, which makes it all possible to have great employees, supporting staff and many future endeavors. All these things make Target a very diverse and innovative store that supports their mission by commitment to great value to the community and environment.…

    • 2418 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Indonesia adalah negara dengan penduduk terbesar keempat didunia dengan jumlah penduduk lebih dari 244 juta jiwa serta pertambahan penduduk setiap tahunnya adalah…

    • 1638 Words
    • 7 Pages
    Powerful Essays

Related Topics