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Target Corporation

The Target Corporation, originally the Dayton Dry Goods Company and later the Dayton Hudson Corporation, is an American retailing company, founded in 1902 and headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, preceded by Walmart.The company is ranked at number 38 on the Fortune 500 as of 2012 and is a component of the Standard & 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 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. On January 13, 2011, Target announced its expansion into Canada. Target Canada operates over 100 stores as of 2013, through its purchase of leaseholds from the Canadian chain Zellers.
Net income $ 2.929 billion (2012)
Total assets $ 46.630 billion (2012)

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