Target who owns them

But in the face of these challenges, Target has nimbly adapted to the preferences of the modern consumer. The company has a network of more than 1, stores across the United States that come in different formats, from the extra-large SuperTarget to the smaller flexible format stores in urban centers, that cater to the specific needs of those shoppers. The brand also has invested in its online presence, with a robust website, same-day and two-day shipping that allows it to compete with Amazon, and the option to order items online that you can pick up within the day.

Target has also carved out a niche for itself in the world of big box retail by incubating cult brands in-house with a focus on design. Events Innovation Festival. Follow us:. Lists Beauty. Data headquarters: Minneapolis, Minnesota. Target On The Web Facebook. Stories about Target. How about when mid-century modern furniture was being produced by the likes of Ray and Charles Eames rather than West Elm, Joybird, and Article?

But in the hall of mirrors that is the modern retail landscape, Target may have pulled off the most impressive trick yet: elevating its private-label brands to a lucrative—if imitative—art form. While other private labels merely recreate popular products, Target recreates brands, and makes them so desirable that they compete with some of the best on the market.

When creating products, Target avoids bona fide infringement. Protections for design are limited, says Douglas Hand, a fashion lawyer who worked with designers, including Michael Costello and Phillip Lim, to negotiate contracts for their capsule collections with Target. There have been moments when Target has gone too far. Vans and Burberry, of course, have built up decades of brand recognition and equity around these designs. She dropped the suit in March This copycat economy, however, can be particularly harmful to smaller brands and startups that are investing in innovation.

When a large retailer swoops in to copy their design, it can erode market share almost overnight. The arbitrage these big retailers see is they get an enormous amount of traffic, so they can rip off smaller brands and in doing so, squash them. At the same time, many direct-to-consumer brands are eager to be sold by big-box retailers and take advantage of their massive reach. She also launched her skincare line Versed at Target. Over the past five years, for instance, Target has made an effort to bring on more Black-owned companies.

Bevel, a shaving brand specifically designed for Black men, founded by Tristan Walker, debuted on Target shelves in Target made a bet on us, just as much as we made a bet on them. But with its rich trove of customer data and growing in-house design capabilities, Target is increasingly able to create a hit version of just about any brand on the market. In , George D. Dayton became a partner in Goodfellow's Dry Goods Company.

The next year, he became the sole owner of the company which was then renamed Dayton Dry Goods Company. In , his son, George N. In , the Dayton Company opened the first Target store. In , Dayton Corporation merged with J. Hudson Company to create Dayton-Hudson Corporation.

In , the company changed its name to Target Corporation. He joined the company in August with over three decades of experience in retail and consumer product companies. John J.