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Target Corporation was originally founded in 1902 under the name Dayton Dry Goods Company.
Answer: False
The source indicates that Target Corporation was originally established in 1902 as Dayton Dry Goods Company, not 'Target Stores'.
The first Target store opened its doors in May 1962 in Roseville, Minnesota, a suburb of St. Paul.
Answer: False
The inaugural Target store commenced operations in May 1962 in Roseville, Minnesota, which is a suburb of St. Paul, not Minneapolis.
What was Target Corporation's original name when it was established in 1902?
Answer: Dayton Dry Goods Company
Target Corporation was originally established in 1902 under the name Dayton Dry Goods Company.
Where did the first Target store open in May 1962?
Answer: Roseville, Minnesota
The inaugural Target store commenced operations in May 1962 in Roseville, Minnesota, which is a suburb of St. Paul.
Target Corporation changed its name from Dayton-Hudson Corporation to Target Corporation in the year 2000.
Answer: True
The company officially changed its name from Dayton-Hudson Corporation to Target Corporation in the year 2000.
Target Corporation currently maintains an international presence, including operations in Canada.
Answer: False
Target Corporation ceased operations in Canada in 2015 and currently has no international presence.
In June 2015, CVS Health acquired Target's pharmacy and clinic businesses for approximately $1.9 billion.
Answer: False
In June 2015, CVS Health acquired Target's pharmacy and clinic businesses for approximately $1.9 billion, rebranding the pharmacies as CVS Health pharmacies and the clinics as MinuteClinic.
As of 2018, Target's main subsidiaries included Target Brands, Inc., Target Capital Corporation, Target Enterprise, Inc., and Target General Merchandise, Inc.
Answer: True
By 2018, Target's primary subsidiaries comprised Target Brands, Inc., Target Capital Corporation, Target Enterprise, Inc., and Target General Merchandise, Inc.
Target partnered with Amazon.com to build and manage its Target.com platform.
Answer: False
Target developed and managed its Target.com platform independently of Amazon.com, concluding their partnership in August 2011.
Target Canada's foray into the Canadian market resulted in significant financial losses, accumulating approximately $2.1 billion.
Answer: False
Target Canada's expansion into the Canadian market resulted in substantial financial losses, amounting to approximately $2.1 billion, rather than profits.
Michael Fiddelke is the current chairman and CEO of Target Corporation.
Answer: True
Michael Fiddelke currently holds the positions of chairman and CEO at Target Corporation.
Before changing its name to Target Corporation in 2000, what was the company known as?
Answer: Dayton-Hudson Corporation
Prior to its renaming as Target Corporation in 2000, the company operated under the name Dayton-Hudson Corporation.
What is Target Corporation's current international presence status?
Answer: It has no international presence, having ceased Canadian operations.
Target Corporation ceased operations in Canada in 2015 and currently maintains no international presence.
In June 2015, CVS Health acquired Target's pharmacies and clinic businesses for approximately how much?
Answer: $1.9 billion
In June 2015, CVS Health acquired Target's pharmacy and clinic businesses for approximately $1.9 billion, rebranding the pharmacies as CVS Health pharmacies and the clinics as MinuteClinic.
Target ended its partnership with Amazon.com regarding its website operations in August of which year?
Answer: 2011
Target concluded its partnership with Amazon.com concerning its website operations in August 2011, coinciding with the launch of its independently managed Target.com platform.
Target Canada's operation resulted in significant financial losses, accumulating approximately:
Answer: $2.1 billion
Target Canada's operational period was marked by significant financial losses, accumulating to approximately $2.1 billion, leading to its widespread characterization as a market failure.
As of 2025, Target operates over 2,000 stores across the United States.
Answer: False
As of 2025, Target operates 1,981 stores across the United States, which is not over 2,000.
Target stores are typically around 135,000 square feet, while TargetExpress stores are significantly smaller, ranging from 14,000 to 21,000 square feet.
Answer: False
The statement is incorrect as TargetExpress stores are considerably smaller than standard Target stores, typically ranging from 14,000 to 21,000 square feet.
Since August 2006, Target has focused on customizing new stores to fit the surrounding neighborhood's needs.
Answer: True
Since August 2006, Target has implemented a strategy of customizing each new store to ensure a locally relevant experience that aligns with the specific needs of its surrounding neighborhood.
The "PFresh" store prototype, introduced in 2008, significantly expanded the grocery selection by over 200% in general merchandise locations.
Answer: True
The 'PFresh' store prototype, launched in 2008, substantially increased the grocery selection in general merchandise locations by upwards of 200%, incorporating perishable and frozen food items.
The "Target Greatland" store format, first opened in September 1990, was about 50% larger than traditional Target stores.
Answer: True
The initial 'Target Greatland' locations, established in September 1990, were approximately 50% larger than conventional Target stores and introduced company standards such as increased checkout lanes and expanded departments.
Target began consolidating its smaller format stores, like CityTarget and TargetExpress, under the unified "Target" name in October 2015.
Answer: True
In October 2015, Target initiated the consolidation of its smaller format stores, such as CityTarget and TargetExpress, rebranding them under the singular 'Target' name.
Target Portrait Studios, operated by Lifetouch, ceased operations in January 2017.
Answer: True
The Target Portrait Studios, which were managed by Lifetouch, concluded their operations on January 28, 2017.
Target closed its garden centers in September 2010 because they were not profitable.
Answer: True
Target closed its garden centers in September 2010 due to a lack of significant value to customers and declining profitability.
As of May 2016, Target Corporation operated 41 distribution centers across the United States.
Answer: True
As of May 2016, Target Corporation managed a network of 41 distribution centers throughout the United States.
Target sources its groceries through partnerships with other companies, unlike Walmart which utilizes its own distribution centers.
Answer: False
Target's grocery sourcing strategy differs from Walmart's; Target relies on partnerships with external companies rather than its own distribution centers for its grocery selection.
Target announced a trial for radio-frequency identification (RFID) technology in its supply chain on August 9, 2004.
Answer: True
On August 9, 2004, Target announced its intention to trial radio-frequency identification (RFID) technology within its supply chain. This trial involved tracking goods from suppliers to stores using RFID on pallets and cartons in the Dallas-Fort Worth metroplex.
Target Corporation's headquarters are located in Minneapolis, Minnesota.
Answer: False
Target Corporation's headquarters are situated in Minneapolis, Minnesota, not Chicago, Illinois.
The "PFresh" store prototype, introduced in 2008, primarily focused on:
Answer: Enhancing the grocery selection by over 200% with perishables and frozen foods.
The 'PFresh' store prototype, launched in 2008, substantially increased the grocery selection in general merchandise locations by upwards of 200%, incorporating perishable and frozen food items.
Why did Target close its garden centers in September 2010?
Answer: Because they were not providing significant value and were not profitable.
Target closed its garden centers in September 2010 due to a lack of significant value to customers and declining profitability.
Target Corporation's headquarters are located in which U.S. city?
Answer: Minneapolis, Minnesota
Target Corporation's corporate headquarters are situated on Nicollet Mall in Minneapolis, Minnesota.
Target Corporation is ranked as the seventh-largest retailer in the U.S. by size.
Answer: False
Target Corporation is recognized as the seventh-largest retailer in the United States based on its size, not third-largest.
Target is known for offering upscale, trend-forward merchandise at affordable prices.
Answer: False
Target is recognized for providing upscale, trend-forward merchandise at affordable price points, rather than premium prices.
Target's mascot is a white Bull Terrier named Bullseye.
Answer: False
Target's official mascot is Bullseye, a white Bull Terrier, not a golden retriever named Spot.
The "Good & Gather" brand replaced Market Pantry and Archer Farms as Target's primary food and beverage private-label brand.
Answer: False
The 'Good & Gather' brand replaced Archer Farms and Simply Balanced as Target's primary food and beverage private-label brand.
The 'up & up' private-label brand at Target primarily offers essential commodities such as household, healthcare, beauty, baby, and personal-care products.
Answer: False
The 'up & up' brand is focused on essential commodities like household, healthcare, beauty, baby, and personal-care items, rather than electronics and home goods.
"Hearth and Hand" is a home and lifestyle brand created in collaboration with designer Joanna Gaines.
Answer: False
The 'Hearth and Hand' brand is a collaboration with designer Joanna Gaines, not Chip Ganassi.
Which of the following best describes Target's brand identity regarding merchandise and pricing?
Answer: Offering upscale, trend-forward merchandise at affordable prices.
Target is recognized for providing upscale, trend-forward merchandise at affordable price points, often symbolized by its iconic red bullseye logo.
Which Target private-label brand replaced Archer Farms and Simply Balanced?
Answer: Good & Gather
The 'Good & Gather' brand replaced Archer Farms and Simply Balanced as Target's primary food and beverage private-label brand.
Who is Target's official mascot?
Answer: A white Bull Terrier named Bullseye
Target's official mascot is Bullseye, a distinctive white Bull Terrier.
Target's "up & up" private-label brand is known for offering:
Answer: Essential commodities like household and healthcare products.
Target's 'up & up' private-label brand is recognized for offering a wide array of essential commodities, encompassing household items, healthcare products, beauty supplies, baby essentials, and personal-care items.
The "Hearth and Hand" private-label brand is a collaboration with which designer?
Answer: Joanna Gaines
The 'Hearth and Hand' private-label brand, focusing on home and lifestyle products, is a collaboration with the renowned designer Joanna Gaines.
How does Target differentiate its store design and atmosphere from typical big-box retailers?
Answer: Wider aisles, drop ceilings, and contemporary signage.
Target differentiates its store design through features such as wider aisles, drop ceilings, enhanced merchandise presentation, cleaner fixtures, and contemporary signage and backdrops, creating a more appealing shopping environment.
Target Corporation does not sell which of the following product categories?
Answer: Firearms and cigarettes
Target Corporation does not sell firearms, nor does it sell cigarettes, having ceased cigarette sales in 1996. They also discontinued sales of realistic toy guns.
The "pseudo-French pronunciation "tar-ZHAY" for Target is often associated with:
Answer: Oprah Winfrey's usage and upscale boutique perception.
The pseudo-French pronunciation 'tar-ZHAY' for Target is often jokingly used and is associated with an perception of upscale boutiques. While frequently linked to Oprah Winfrey's usage, its origins actually date back to 1962, the year the first Target store commenced operations.
Target Corporation is recognized for its philanthropic efforts, consistently ranking among the most charitable companies in the U.S.
Answer: True
Target Corporation is acknowledged for its significant philanthropic contributions, frequently appearing on lists of the most charitable companies in the United States.
Target Sourcing Services (TSS) is responsible for evaluating factories for quality and labor rights issues worldwide.
Answer: True
Target Sourcing Services (TSS) functions as a global sourcing organization responsible for locating merchandise, importing it, and evaluating factories regarding quality, labor rights, and trans-shipment issues.
What is the primary function of Target Sourcing Services (TSS)?
Answer: To locate merchandise worldwide, import it, and evaluate factories for quality and labor rights.
The primary function of Target Sourcing Services (TSS) is to act as a global sourcing organization. This involves locating merchandise internationally for Target, facilitating its import into the U.S., and rigorously evaluating factories for adherence to quality standards, labor rights, and trans-shipment regulations.
The NAACP gave Target failing grades in the early 2000s for its commitment to which demographic?
Answer: The African-American citizenry
In the early 2000s, the NAACP awarded Target failing grades, including 'F' in 2003 and 2005, and 'D-' in 2004, based on its assessment of the company's commitment to the African-American citizenry.
What commitment did Target make by 2025 regarding Black-owned businesses?
Answer: To spend more than $2 billion with Black-owned businesses.
As part of its commitment to diversity, equity, and inclusion, particularly following the murder of George Floyd, Target pledged to spend more than $2 billion with Black-owned businesses by the year 2025.
Target House in Memphis provides housing for families of patients at which renowned hospital?
Answer: St. Jude Children's Research Hospital
The Target House complex in Memphis, Tennessee, offers long-term housing solutions for families whose children are receiving treatment at the renowned St. Jude Children's Research Hospital.
In 2007, Target Corporation agreed to reduce its sales of products containing which chemical due to health concerns?
Answer: Polyvinyl Chloride (PVC)
In 2007, Target Corporation committed to reducing its sales of products containing polyvinyl chloride (PVC), prompted by health concerns related to toxic lead and phthalates often found in PVC-based items.
In February 2006, the National Federation of the Blind filed a lawsuit against Target primarily concerning:
Answer: Website accessibility barriers for blind customers.
In February 2006, the National Federation of the Blind initiated a discrimination lawsuit against Target, primarily citing 'access barriers' on the company's website that impeded usage for blind customers.
What was the outcome of the National Federation of the Blind lawsuit against Target in October 2008?
Answer: Target agreed to pay $6 million and improve website usability.
The outcome of the National Federation of the Blind lawsuit against Target, concluded in October 2008, involved a settlement where Target agreed to pay $6 million and collaborate with the NFB for three years to enhance its website's usability.
What was the outcome of the data breach affecting Target's systems in December 2013?
Answer: Target reached a $10 million class-action settlement with consumers.
The data breach, which impacted up to 110 million customers, led to Target reaching a $10 million class-action settlement with consumers and an additional $39 million settlement with affected banks and credit unions.
What was the financial impact of Target's "bathroom policy" announced in April 2016, according to CEO Brian Cornell?
Answer: It cost the business $20 million and caused sales to fall nearly 6%.
According to CEO Brian Cornell in 2017, the company's 'bathroom policy,' announced in April 2016, resulted in a financial impact of $20 million and a decline in sales by nearly 6% over the subsequent three quarters.
In May 2023, Target faced backlash regarding its Pride Month merchandise, leading to:
Answer: The withdrawal of some items from certain stores due to threats.
In May 2023, Target encountered significant backlash and threats concerning its Pride Month merchandise. This controversy, fueled by viral social media posts that inaccurately alleged the sale of 'tuck-friendly' products to children, ultimately led to the withdrawal of certain items from select stores.
Target Corporation employs approximately 440,000 people as of 2025.
Answer: True
As of 2025, Target Corporation's workforce is approximately 440,000 employees.
By what year did Target achieve its goal of raising its minimum hourly wage to $15?
Answer: 2020
Target achieved its goal of raising its minimum hourly wage to $15 by June 2020, which was ahead of the initially projected year of 2020.
What did Target announce in August 2021 regarding employee education?
Answer: A $200 million investment to offer debt-free degrees.
In August 2021, Target announced a significant investment of $200 million dedicated to providing debt-free college degrees for its extensive workforce, encompassing over 340,000 full-time and part-time team members.
No questions are available for this topic.
No questions are available for this topic.