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Our annual ranking of America's largest corporations

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31. Target
Target
Financials: Latest Results
Rank: 31 (Previous rank: 33)
Compare tool: Target vs. Top 10
CEO: Gregg Steinhafel
Address: 1000 Nicollet Mall
Minneapolis, MN 55403
Phone: 612-304-6073
Website: www.target.com
First, a slow retail year saw shoppers defect to cheaper competitors such as Wal-Mart, and then Isaac Mizrahi departed for Liz Claiborne. Now the discount retailer known for trendy design is going green. Starting in October, new Target stores are expected to carry more natural and organic beauty items, as well as a larger selection of consumer electronics and groceries. The company said in March that it's in talks with an unnamed investment partner to sell half its credit card receivables for about $4 billion.
Revenues 63,367.0 6.5
Profits 2,849.0 2.2
Assets 44,560.0
Stockholders' equity 15,307.0
Market value (3/28/2008) 40,399.7
Revenues 4.5
Assets 6.4
Stockholders' equity 18.6
2007 $ 3.33
% change from 2006 3.7
1997-2007 annual growth rate % 15.4
2007 -11.6
1997-2007 annual rate 12.3
1 Wal-Mart Stores 1 378,799.0
2 Target 31 63,367.0
3 Sears Holdings 45 50,703.0
4 Macy's 91 26,340.0
5 J.C. Penney 126 19,860.0
6 Kohl's 152 16,473.7
7 Dollar General 274 9,495.2
8 Nordstrom 299 8,828.0
9 Dillard's 338 7,370.8
10 Family Dollar Stores 358 6,834.3
11 Belk 570 3,824.8
12 Bon-Ton Stores 603 3,467.7
13 Saks 625 3,282.6
14 Retail Ventures 667 3,044.6
From the May 5, 2008 issue
Figures are for fiscal year ended Jan. 31, 2008.
Gregg Steinhafel replaces Robert J. Ulrich as CEO, May 1, 2008.
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