![]() The Canadian market proved to be more challenging than the company anticipated and start-up operations were challenged with massive inventory shortages at retail stores nationwide. As well, three regional general merchandise distribution centers were built to specification to service general merchandise and apparel to the stores. The first Canadian Target stores opened in 2013. Target Canada kept 125 of the store leases and opted not to acquire the Zellers distribution centers. In 2011, Target launched Target Canada Corporation by acquiring the leaseholds of 189 Zellers store locations across the country. Since 2004, Target has achieved consistent organic growth by converting close to 800 traditional general merchandise stores into Expanded Food Assortment stores by adding over 100 new SuperTarget stores nationwide and by introducing smaller footprint CityTarget stores. This important strategic move enabled the company to focus on expanding its Target chain of discount stores rather than expending resources in other areas of the business. One of the most important events of this decade was the sale of Mervyn’s (257 stores and 4 distribution centers) and Marshall’s (62 stores and 3 distribution centers) for $4.9 Billion in cash proceeds. This partnership would end in August, 2011 when launched its own platform independent of Amazon. was originally launched in 2002 based on Amazon’s Enterprise Solutions whereby Amazon provided the order fulfillment services and technology platform for Target’s on-line store front. In 2000, the company launched Target Direct as a separate company to oversee Target’s e-commerce business operations (renamed in 2004). With 977 Target discount stores (including 30 Super Targets) in 46 states generating $29.7 Billion in sales, Target was poised for continued growth over the next decade. In January, 2000 the company changed its name to Target Corporation (NYSE: TGT). In 1998, the company acquired the Rivertown Trading Company, a Minneapolis-based mail-order firm as a means to enter into the e-commerce market. In 1995, Target introduced its first SuperTarget store which has a larger footprint (typically in the range of 175,000 square feet) and which offers an extensive product assortment in grocery, fresh produce, bakery, dairy, deli, and frozen foods. In 1990, the company acquired The Marshall Field & Company, a Chicago-based department store operator which would eventually be sold off in 2004. By then end of the decade, Target was Dayton-Hudson’s top revenue-generating subsidiary paving the way for significant growth and nationwide expansion in store count.īetween 1980 - 2000, Dayton-Hudson grew to $33.66 Billion through a combination of organic growth and a series of retailer acquisitions. In 1978, Dayton Hudson acquired Mervyn's, a California-based chain of 50 moderate-priced department stores which would later be sold off in 2004. In the 1970’s Target grew to 80 stores surpassing $1.0 Billion in revenue in 1979. In 1969, Dayton-Hudson Corporation became the 14th largest retailer in the United States and the company went public on the New York Stock exchange. Hudson Company to form Dayton-Hudson Corporation which consisted of Target and five other major retail chains obtained through acquisition. In 1969, Dayton Company merged with Detroit-based J.L. By 1968, The Dayton Company had 11 Target stores generating $130 Million in sales revenue. In 1962, the first Target store opened in Roseville, MN and the Target discount chain was launched. In 1910, the company changed its name to Dayton Company and over th next five decades the business grew organically under Nelson Dayton’s leadership. Target's history dates back to 1902 when George Draper Dayton opened the Goodfellow Dry Goods store in a six-story building in downtown Minneapolis. Target is the fourth largest retailer in the United States and the tenth largest retailer in the world with annual sales of $73.1 Billion in 2013. This white paper provides a detailed look at Target's distribution center network and its evolution since the company opened its first distribution center in Fridley, MN in 1969. The Target Distribution Center Network The Target Distribution Center Network Please do not call us if you need to contact Target ![]() This is only an article for information purposes. ![]() Please Note: We do NOT represent Target Corp. If this data is unavailable or inaccurate and you own or represent this business, click here for more information on how you may be able to correct it.Leadership in Global Supply Chain and Logistics Consulting VIEW ADDITIONAL DATA Select from over 115 networks below to view available data about this business. ![]()
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