Preview

Target Competitors

Satisfactory Essays
Open Document
Open Document
471 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Target Competitors
Today many consumers before investing in a certain company ask themselves this question, what is the most reliable company to shop and invest on? There are many competitive companies who compete against each other where there ultimate goal is to get the attention of their clients. Often times consumers do feel satisfied with the investment of the company but when a company fails and stocks begin to decrease the client purchasing and investing in the company does not feel satisfied anymore.
No one wants to feel anger and disappointment towards a company. The best and only company who wants the best for their customers and assures client satisfaction is the Target Corporation. Target is certainly improving in stocks and is at a competitive advantage taking over bigger corporations. According to the New York Stock Exchange (NYSE) as of today Friday April 15 the value of the stock of the Target Corporation is of $82.60. Compared to other years the stock have never been this high. Looking at other historic prices for example of December 2014 the value of the stock was of $73.34. If the stock of Target continues
…show more content…
Shopping on demand now more easy and convenient. Target is focusing on the convenience of their customers. The annual 2014 report states that target is improving shopping convenience and customers now have the access to shop anytime and anywhere online even via a mobile device. Another reason why a friend should invest in this company is because it is easy and convenient to find stores nearby. More than 1,793 stores are located in the United States accompanied with 38 distribution centers so it is easy to find a convenient store nearby. Other companies such as Michael’s, Pepsico, and Walmart are competing against Target however Target is the best corporation because it focuses on the shopper experience. Target is definitely taking over these competitive

You May Also Find These Documents Helpful

  • Best Essays

    Penney, the last several years have been very successful for Target. Sales have risen from $64.9 billion in 2008 to $73.3 billion in 2012 with net earnings of $2.9 billion (Target Corporation Annual Report, 2012). Even though there have been some difficult economic times for retailers in the last five years, Target has managed to compete with Wal-Mart, grow revenues by almost $10 billion, maintain earnings, establish themselves as a trendy discount store and generously give to charity and education. I think their success speaks volumes for their employees, their management team and the planning and innovativeness of senior management and their Board of…

    • 3019 Words
    • 13 Pages
    Best Essays
  • Good Essays

    Target Strategic Analysis

    • 4446 Words
    • 18 Pages

    Carnevale, Chuck. "Target Corp Offers Solid Value And An Above Market Yield." Forbes. Forbes Magazine, 15 Mar. 2013. Web. 27 Mar. 2013.…

    • 4446 Words
    • 18 Pages
    Good Essays
  • Satisfactory Essays

    Target Corporation

    • 837 Words
    • 3 Pages

    Since 2013, Target has been facing some negative changes that have affected its financial wellness. According to Target’s financial statements, total stockholder equity decreased by 2% from 2013 to 2014. There was a 1% decreased in total revenues from 2013 to 2014 and a 5.7% decreased of gross profit was recorded during the same period as well. The 34.3% decreased in Net Income from 2013 to 2014 shows the actual performance of the company. Key statistics such as profitability ratios and management effectiveness ratios capture a wider view of the company achievement. Target currently has a profit margin of 2.07% which is relatively low compared to the 2.77% industry average. Likewise, Target’s 4.55% operating margin is lower than the 4.99% industry average. Target’s current quick ratio is .22 which indicates that it doesn’t have enough assets to meet its short term liabilities without having to sell its inventory. Furthermore, management effectiveness ratios indicate that its capability to attain higher returns is declining. Target currently has a low ROA of 4.52% compared to the 5.72% industry average. Moreover, Target’s ROE of 9.37% is almost half of what the industry average is; 16.45%. As a result, the equity debt ratio increased to 87.53 making the…

    • 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

    The internal analysis indicates that Target has numerous strengths that are of great value, especially its brand and customer service. However, weaknesses are also present, one of which is the website ‘Target.com’.…

    • 15483 Words
    • 83 Pages
    Powerful Essays
  • Good Essays

    Target Corporation and Target Stores continue to grow. From 2001 to 2004, revenues, net earnings, the number of stores, square footage, and the number of employees all increased at steady rates, indicating that Target Corporation is a profitable and developing business in a tough and competitive industry.…

    • 445 Words
    • 2 Pages
    Good 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

    Target's Executive Summary

    • 1613 Words
    • 7 Pages

    Target Corporation is in the market to deliver a higher quality product and experience to a more upscale consumer than its competitors. This allows Target to have very specific advantages in the competitive environment. The combination of these two things results in unique performance characteristics in financial performance. All of this is combined to make a forecast on the future of Target and a decision to buy Target shares as an investment.…

    • 1613 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Company Profile Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota. Target Corporation operates general merchandise and food discount stores in the United States. It operates as two reportable segments: Retail and Credit Card. The company offers household essentials, including electronics, music, and toys; apparel and accessories; home furnishings as well as seasonal merchandise. It also sells its merchandise under private-label brands, such as Archer Farms, etc. Target Corporation operates in-store amenities, such as Target Caféand Target Clinic as well. Its marketing strategy includes selling its products on its online shopping site Target.com and its network of distribution centers. As of June 2, 2010, it operated 1,740 stores in 49 states and the District of Columbia covering 231,941,000 square feet, and has more than 351,000 employees across the United States. Target Corporation’s main competitors are Wal-Mart Stores Inc. (WMT), and Costco Wholesale Corporation (COST). According to its 10-K annual SEC filing, 88% of shares are held by institutional and mutual fund owners. The five largest shareholders of Target Corporation are Gregg W. Steinhafel, Kathryn A. Tesija, Douglas A. Scovanner, Richard M. Kovacevich and John D. Griffith. Segment Performance Target operates as two reportable segments: Retail and Credit Card segments. According to Target’s 10-K annual SEC filing, Target Corporation’s retail segment contains service of merchandising operations, and associate with online services. Its credit card segment gives qualified clients credit cards, such as Target…

    • 2214 Words
    • 9 Pages
    Best Essays
  • Better Essays

    Target vs Wal Mart

    • 1640 Words
    • 7 Pages

    Target has a long standing tradition of providing superior products to consumers. Whether it is clothing or your groceries, Target is known for being a top competitor to the retail giant Wal-Mart. Target also has a long standing tradition of making economic decisions that benefit the consumer. In their most recent decision to move into Canada, Target is now moving into international business. Their brand name is not widely known throughout Canada, but given their reputation in America, Target should have no problem entering the Canadian market.…

    • 1640 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Target Corporation is the fourth largest retailer in the United States, operating 1,556 stores in 47 states. Formerly Dayton Hudson Corporation, Target has three main retail divisions: Target Stores, Mervyn's, and Marshall Field's. Target Stores is the number two discount retailer in the country, trailing only Wal-Mart Stores, Inc., and has distinguished itself from its competitors by offering upscale, fashion-conscious products at affordable prices. The 1,225 Target stores, which are located in 47 states, generated 84 percent of Target's fiscal 2002 revenues. Target Corporation's full-service department store division, contributor of 6 percent of sales, is now consolidated under the Marshall Field's banner. Target Corporation's philanthropy…

    • 1179 Words
    • 5 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
  • Better Essays

    Target Corporation is a retail store based out of America, its headquarters are in Minneapolis, Minnesota. Target’s goal began with creating an upscale alternative to Wal Mart, while remaining a discount store. They have since become the fourth largest retailer and second largest discount retailer in the United States, Wal Mart being the first. Target’s first retail store was opened in 1962, in Minnesota. The company has continually grown to its present day size, operating 1,916 stores in the US. In 2013 Target began operating in Canada, and has since opened 127 stores throughout. Target offers clean, spacious and guest-friendly stores. Their motto is “Expect More, Pay…

    • 1781 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Target Corporation Essay

    • 566 Words
    • 3 Pages

    Target is a very popular chain store across the United States. In almost every major city you visit, you can find at least one store, maybe even multiple across large suburban areas. The easily recognized red and white bullseye has become a national symbol of a high quality shopping experience with low, affordable prices. But how did Target come to be such an affluent business? Despite having humble beginnings in the midwest, Target has grown to be a well-known, successful chain that has many different products that are high quality to offer to its customers.…

    • 566 Words
    • 3 Pages
    Good Essays
  • Good Essays

    It seems Target now has the opportunity to lead the conversation about better protecting shoppers. Because Target has…

    • 439 Words
    • 2 Pages
    Good Essays