Subject category:
Strategy and General Management
Published by:
IBS Center for Management Research
Length: 14 pages
Data source: Published sources
Abstract
The first Target Store was opened in 1962 by the Dayton Company. Though there were other discount chains in the US at that point, many of them do not exist today. Target was able to adapt itself to the changing environment and by 2002, it was the second largest discount retailer in the US. The case examines the entry of Target into the discount retailing sector and its growth path. It looks at how Target differentiated itself from other discount retailers. The case also elaborates on the merchandising, advertising, and branding efforts of Target, which helped to create a unique image for it in the minds of the customers and to maintain a steady increase in revenues through the years.
Teaching and learning
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Abstract
The first Target Store was opened in 1962 by the Dayton Company. Though there were other discount chains in the US at that point, many of them do not exist today. Target was able to adapt itself to the changing environment and by 2002, it was the second largest discount retailer in the US. The case examines the entry of Target into the discount retailing sector and its growth path. It looks at how Target differentiated itself from other discount retailers. The case also elaborates on the merchandising, advertising, and branding efforts of Target, which helped to create a unique image for it in the minds of the customers and to maintain a steady increase in revenues through the years.

