Rank: 33 (Previous rank: 30)
CEO: Gregg W. Steinhafel
Compare tool: Target vs. Top 10
Target's low-cost inventory has long appealed to customers in a tight economic times. To capitalize on increased traffic during the downturn, Target started to stock produce and food products, competing with some grocery stores. And to rev up a slowing U.S. growth rate, CEO Gregg Steinhafel is thinking small. This past year, Target announced plans to enter new urban markets with smaller stores in Seattle, Boston and San Francisco. Target also released plans recently to expand northward, by taking over 220 stores previously owned by Canadian chain Zellars. --S.D. |
| Key financials |
$ millions |
% change
from 2009 |
| Revenues |
67,390.0 |
3.1 |
| Profits |
2,920.0 |
17.4 |
| Assets |
43,705.0 |
— |
| Stockholders' equity |
15,487.0 |
— |
| Market value (3/25/2011) |
34,618.5 |
— |
| Profits as % of |
|
| Revenues |
4.3 |
| Assets |
6.7 |
| Stockholders' equity |
18.9 |
| Earnings per share |
|
| 2010 $ |
4.00 |
| % change from 2009 |
21.2 |
| 2000-2010 annual growth rate % |
11.2 |
| Total return to investors |
% |
| 2010 |
26.2 |
| 2000-2010 annual rate |
7.4 |
|
|
.
