Target Corp. (TGT) Stock Price, News & Quote

TGT Stock Price

For anyone interested in the latest updates and insights related to TGT stock price and news, FintechZoom provides a comprehensive platform that offers real-time information and analysis.

Stock Overview

This “Stock Overview” table offers a snapshot of a company’s performance.

Price: This is the current market value, telling you how much one share costs.

Change: This shows how much the price moved compared to yesterday, green for up, red for down.

Volume: This tells you how many shares were traded, suggesting activity and investor interest.

High/Low/Open: These show the price range during the day and where it started (open) and finished (close).

Previous Close: This is yesterday’s closing price, providing context for today’s change.

52-Week High/Low: These tell you the stock’s peak and valley over the past year, helping assess current price relative to its broader trend.

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History of Target Corp.

Target, the iconic red bullseye synonymous with affordable chic, has a fascinating history marked by constant adaptation and growth. Its story starts not with the familiar big-box stores we know today, but with a small dry goods store founded in 1902 by George Dayton.

Early Beginnings (1902-1961):

• 1902: George Dayton establishes Goodfellow Dry Goods in Minneapolis, Minnesota. The name evolves to Dayton Dry Goods Company the following year and Dayton Company in 1910.
• 1960s: Dayton’s begins exploring the concept of discount retail, paving the way for Target’s eventual birth.

Birth of Target (1962-1969):

• 1962: The first Target store opens in Roseville, Minnesota, offering stylish merchandise at lower prices than Dayton’s department stores. The iconic Target name and bullseye logo are born.
• 1965: Target releases its first annual report, showcasing early success.
• 1966: Expansion begins with two stores opening in Denver, Colorado.
• 1967: Dayton Corporation goes public, with Target as one of its five divisions.
• 1969: Target opens its first distribution center in Fridley, Minnesota, and merges with J.L. Hudson Company to form the Dayton-Hudson Corporation.

Growth and Diversification (1970s-1990s):

• 1970s: Target becomes Dayton-Hudson’s leading revenue producer, surpassing even its namesake department stores.
• 1979: Target’s annual sales reach $1 billion.
• 1990: The first Target Greatland store opens, offering an expanded selection of merchandise.
• 1992: The first SuperTarget opens in Omaha, Nebraska, combining a traditional Target with a full-service grocery store.

Shifting Focus and Refining Identity (2000s-Present):

• 2000: Reflecting its focus on Target stores, Dayton-Hudson Corporation changes its name to Target Corporation.
• 2004: Target sells Mervyn’s and Marshall Field’s department stores to concentrate on its core business.
• 2000s-Present: Target invests heavily in design collaborations, private label brands, and digital shopping experiences.
• 2018: Target reaches all 50 states with the opening of its first store in Vermont.
• 2023: Target ranks #2 on Fortune’s list of Best Large Workplaces in Retail and remains a beloved brand for its commitment to style, affordability, and community engagement.

Target’s history is one of constant evolution, adapting to changing consumer preferences and market trends. From its humble beginnings as a discount store to its current status as a retail giant, Target’s commitment to offering trendy merchandise at accessible prices has kept it a bullseye favorite for generations.

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