Target Corporation (NYSE: TGT) is an American retailing company that was founded in Minneapolis, Minnesota in 1902 beneath the name of Dayton Dry Goods Company. In 1962, the first Target store opened in Roseville, Minnesota, and in 2000 the company distorted its name from Dayton Hudson to Target. It is the fifth largest retailer by sales revenue in the United States, behind Wal-Mart, The Home Depot, Kroger, and Costco. The company is ranked at number 31 on the Fortune 500 as of 2008. Target operates its retailing business wholly in the United States. It is a competitor and competitor of Kmart and Wal-Mart. Target is a component of the normal and Poor's 500 index.
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