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Target (TGT) Is Off to A Great Start In 2021 insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Target Corp. (TGT) Delivers Another Blockbuster Quarter Target Corp. (NYSE:TGT) history dates back to 1902 when George Dayton established a departmental store named Goodfellow Dry Goods. A few years later, it was renamed Dayton Company. In 1962, the company launched a discounted version of its store called Target that became a leading revenue generator in a short span of time. Target’s annual revenue crossed $1 billion in 1979. Dayton once again changed its name to Target Corp in 2000 to reflect the success of the chain. Today, it is one of the biggest discount retailers in the U.S, operating 1,900 stores. The company, being an essential retailer, kept its stores opened during the pandemic. This helped Target to substantially boost its sales over the last year, as non-essential retailers were not allowed to operate during the lockdown. Eventually, an increasing number of new customers turned to essential retailers like Target to buy goods. ....