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At the beginning of the year, the company operated 1,172 regular Target stores and 136 SuperTarget stores that include a supermarket as well. Target has stores in 47 states.
According to the company, Target reaches a younger customer with higher incomes than its competitors. The average age of Target customers is 45, the youngest of all major discount retailers. The median household income is roughly $57,000. Eighty percent are female and 40 percent have children at home. About 80 percent attended college and 44 percent completed college.
Many industry observers believe that Target is facing a critical crossroad in its strategic direction (both from a financial as well as operating standpoint)...
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