Target

Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis. It is the second-largest retailer in the United States, behind Walmart. The company is ranked at number 33 on the Fortune 500 and is a component of the Standard and Poor's 500 index. Its bullseye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain which is unrelated to Target Corporation.

The company was founded in 1902 in Minneapolis as the Dayton Dry Goods Company, though its first Target store was opened in 1962 in nearby Roseville, Minnesota. Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed as Target Corporation in August 2000.

Several stores operate in the Memphis Area, some old, some new. There is one Super Target in Cordova, and for a time it was the only Target with a grocery section, but now that most Targets have grocery sections, the distinction is nullified.