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Target Executive Summary

1626 Words7 Pages

Section A: Business Overview

1) Target’s 10k report for the Fiscal Year ending January, 28th 2017. https://www.sec.gov/Archives/edgar/data/27419/000002741917000008/tgt-20170128x10k.htm 2) Target first opened its doors in 1902 in the suburbs of Minneapolis, Minnesota and has since grown to 1,828 locations across the United Sates. In addition to their physical locations, Target is now available to more than 200 countries and territories on their website, http://www.target.com/. This discount retail store provides a wide range of merchandise varying from groceries to home goods and attire in addition to many exclusive brands and collaborations. With more than 300,000 employees worldwide and 40 distribution centers in the United Sates, Target …show more content…

In additional to their own brands, Target has collaborated with many companies to form 11 exclusive brands. These 33 Target-exclusive brands have proved their distinction from the rest of the market works and made up approximately one-third of their 2016 sales.
Another risk that Target must assume is political and financial instability, particularly the United States’ relationship with China and their trade policy. Since a large portion of Target’s products is sourced from China, changes in tax and trade relations can adversely affect their pricing of merchandise and net revenues. Target can also be significantly impacted by changes in taxation laws (both corporation and public), labor unrest, and natural disasters. Another big risk Target must assume is data security and privacy risks. In the end of 2013, Target experienced a massive data breach that greatly impacted their reputation among customers. Any additional breaches within the company could cause even greater scrutiny of the company. The company could also be in danger of government intervention and private litigation if they fail to detect and appropriately respond to future breaches. Target must maintain the customers’ confidence of the company’s ability to protect information or they could lose a huge portion of the …show more content…

The declines in sales and revenues were extremely concerning to me until I read into the sale of the pharmacies to CVS. I agree that Target is extremely reliant on their reputation to differentiate themselves from competitors and I think Target has maintained a generally positive reputation this year. The amount of debt Target reported on this 10k did worry me a little bit, but I think there are a lot of great ways for Target to invest in their company such as; opening more stores around the world, improving distribution centers, forming more exclusive brands. I think Target is a great company that treats their employees well, has kept up with current trends, and has greatly improved their online domain for sales, opening their doors to residents around the world. I probably will invest in Target after this Holiday season when their stock price drops a

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