Founded in 1962, Target Corporation has grown into one of the largest discount retailers in the United States, where it generates all of its revenue. The company operates just under 2,000 stores and reported more than $104 billion in fiscal 2025 sales. Target offers a wide range of merchandise, including apparel and accessories (16% of fiscal 2025 revenue), beauty and household essentials (30%), food and beverage (24%), hardlines (15%), and home furnishings (15%). Its business model is centered on its physical store network, which fulfills more than 97% of total sales, while roughly 30% of revenue comes from Target’s owned private-label brands.