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Essay On Target Corporation

1127 Words5 Pages

INTRODUCTION

Target corporation was first established in 1902. Originally based in New York, USA. Today, Target is one of the world's largest retailers. Target has been a very successful company for many years. Target is known for its affordable prices, trendy products, and convenience store locations. The company has also invested heavily in its e-commerce platform, enabling customers to shop online and have products delivered to their doorstep. In addition, Target is strongly committed to sustainability and social responsibility, undertaking various initiatives to reduce its environmental impact and give back to local communities. Target Corporation has a strong corporate culture centred around core values of inclusion, diversity, teamwork and innovation. The company has a clearly defined mission statement that guides its operations and decisions. It satisfies our 'Expect More. Pay' less. The Brand Promise Target's corporate culture is known for being collaborative and collaborative, with an emphasis on employees making decisions and taking responsibility for their work. The company provides opportunities for career development and growth, encouraging employees to take on new challenges, think creatively and find solutions to problems. …show more content…

In response, Target adapted its business model to remain competitive in the changing retail environment, investing heavily in its e-commerce platform to offer faster shipping options and more flexible payment and delivery options. Additionally, Target faces criticism and protests from employee and labour rights groups over issues such as low wages, inadequate benefits and anti-union practices. The company responded by raising the minimum wage, expanding benefits and introducing new policies to improve working conditions and promote a more inclusive and diverse

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Target Corporation (TGT) is an international general merchandise and grocery retailer founded in Minneapolis, Minnesota that works to ensure that the customer is provided with the opportunity to purchase a wide variety of goods such as household products, electronics, pharmacy, personal care products, grocery goods, clothing apparel, and sporting goods in order to achieve customer satisfaction at a discounted price in order to remain competitive within the industry. The primary goal for Target is to overcome their various competitors within the industry in order to generate profit through continuous innovation and delivering outstanding value at each Target location in order to be the preferred shopping destination amongst the customer. In

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Quality- Target will continue to partner with many great partners to offer unique and brand specific items that are consistent with Target Expect More. Pay Less ® brand promise. Target is recognized as a leader in innovation across the retail industry from pioneering the concept of designer partnerships. Packaging- Target will continue to be innovative in its packaging and convenience.

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Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).

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2. Customers: As the recession hit, unemployment rose and people started becoming more responsible with money, the consumer priority changed. Since Target was known for style, fashionable in slightly higher price, in the end, they hurt themselves. Target should have done a lot better of a job in providing customer

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