Target Corporation began in 1902 as Dayton Dry Goods Company, a department store in Minneapolis. It opened its first Target discount store in 1962, adopting a discount retail model. Target now operates over 1,500 stores across the United States, with its signature bullseye logo recognized by 96% of Americans. It focuses on offering quality products at low prices, while also prioritizing corporate social responsibility through community initiatives and environmental sustainability. Target maintains a stable financial performance with over $60 billion in annual revenues.