Target: Can We Still Expect More and Pay Less?
First-class toys, groceries, apparel, electronics, and makeup… These are some categories that come to my mind when I think of Target. A store with something for everyone.
However, this was not always the case. In fact, Target was not even the original name of the company.
Credits: Rishi Barbhaya |
Credits: Charlie Deets |
Nevertheless, the Vice President of the company, Douglas Dayton, saw an opportunity to expand the store and make it better by adapting it to a discount store model, which was booming in the 1960s.
In 1962 he and John Francis Geisser’s, who later on would help build Walmart and Sam’s Club, created Target: a fancy discount store.
This brand was a subdivision of Drayton’s Dry Goods enterprise until the year 2000 when they changed their name to Target because of the retail store’s success.
Credits: Daniel ODonnell |
Today with a shop in every state, Target makes around 70 billion dollars in revenue and is one the largest retail stores in the United States.
But can it still be considered a high-quality and low-priced store as Douglas Dayton and Geisser intended?
Credits: Arren Mills |
I would say yes to the initial factor and a definitive no to the latter one.
Usually, the first aisle in any Target is their Bullseye’s playground and dollar spot, which is the section that resembles Dayton's and Geisser’s vision the most.
It is always fun seeing all the supplies, crafts, toys, and decorations they sell here, even though most of the articles are frivolities.
Lastly, Target cares about giving back to its community and aids them through multiple relief programs.
For example, they partnered with Feeding America to donate food to families in need.
They also host fundraisers to help medical development and sponsor families with kids that are undergoing treatments.
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