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As of May 2014, the retail chain Target has 1,789 retail stores and 37 distribution centers in the United States, according to the Target corporate fact sheet. The company plans to open five new...
By 1979, there were 80 Target stores in 11 states. In 1982, the company expanded to the West coast with the acquisition of 33 FedMart stores. In 1990, Marshall Fieldâs was acquired. In 2000, the Dayton Hudson Corporation was renamed to the Target Corporation.In 2011, the company expanded to Canada with the acquisition of 220 Zellers locations. Today, Target is the 2nd largest discount retailer in the US with nearly 1800 locations.arget began in 1902 as the Dayton Dry Goods Company. The company was founded by George Draper Dayton. In 1938, George died and his son, Nelson took over the multi-million dollar business. In 1962, the company opened its first Target location. The idea came from John Geisse, who envisioned an upscale discount retailer.