Target Corporation
American retail corporation
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2025 | Target donated as a 'silent partner' to New York City's Heritage of Pride annual Pride Week, avoiding public publicity. |
2025 | Target announced halting diversity and inclusion programs following an executive order, and would no longer participate in external diversity surveys. |
2025 | Twin Cities Pride announced Target would no longer participate in the 2025 Pride Festival due to rolling back equitable hiring practices. |
2025 | Target Center hosts the 2025 NBA Playoffs. |
2025 | Florida Attorney General James Uthmeier announced a lawsuit against Target related to the 2023 Pride Month merchandise controversy, alleging the company misled investors and caused monetary loss. |
February 28 2025 | Target experienced a significant financial impact, losing $12.4 billion in market value with the stock value dropping $27.27 per share by the end of February, following criticism of their DEI policy changes. |
February 2025 | A forty-day consumer boycott was announced against Target in response to the company's backtracking on Diversity, Equity, and Inclusion (DEI) policies during the second presidency of Donald Trump. |
February 2025 | A class action lawsuit was filed on behalf of the City of Rivera Beach Police Pension Fund, alleging Target defrauded investors through false and misleading statements about DEI and environmental, social, and governance policies. |
2024 | Minnesota Myth Arena Football team announced as new home team for the 2024 Arena Football Season at Target Center. |
2024 | Target rebranded its RedCard to Target Circle Card, maintaining existing RedCard benefits and introducing a Circle Week for members. |
July 15 2024 | Target announced it would stop accepting personal checks in its stores. |
June 27 2024 | Target Center will host the US Olympic Trials for gymnastics, which will determine the gymnasts who will represent the United States at the 2024 Summer Olympics in Paris. The trials will run from June 27 to 30. |
May 2024 | Target announced a reduction in stores selling Pride Month collection to ensure employee safety, with the collection remaining available online in select locations. |
May 2024 | Target announced that its 2024 Pride collection would not be carried in all stores, likely in response to the previous year's controversy and potential ongoing social tensions. |
2023 | Target reports annual revenue of $109,120 million, with a slight decrease in net income to $2,780 million, operating 1,948 stores with 440,000 employees. |
August 18 2023 | Target's chief growth officer Christina Hennington acknowledged the sales decline during a conference call, stating the company would 'pause, adapt and learn' in future approaches to Pride Month merchandise. The company reported Q2 sales declined by over 5%, with e-commerce sales falling more than 10%. |
July 5 2023 | A group of 7 Republican state Attorneys General, led by Indiana AG Todd Rokita, sent a letter to Target warning about potential legal issues with their Pride campaign marketing to children. |
June 16 2023 | A coalition of 15 state Attorneys General, led by Massachusetts AG Andrea Joy Campbell and Minnesota AG Keith Ellison, expressed support for Target and the LGBTQIA+ community, urging Target to report threats and vandalism to law enforcement. |
June 10 2023 | Multiple bomb threats were made against Target stores in several states, causing evacuations. The threats were made by an individual claiming Target had 'betrayed the LGBT community', though no suspicious items were found. |
May 2023 | Several Target stores across the country were vandalized by far-right activists in response to the Pride Month merchandise controversy. |
May 24 2023 | Target released an official statement addressing the Pride Month merchandise controversy, citing employee safety concerns as the reason for withdrawing certain merchandise and relocating pride displays in some stores from entrance areas to the back. |
2022 | Target achieves record revenue of $106,005 million and net income of $6,946 million, expanding to 1,926 stores and reaching 450,000 employees. |
2022 | Target opened a sortation center and e-commerce facility in Dallas, Texas, and a new regional distribution center in Houston, Texas. |
2022 | Hosted the NCAA Women's Final Four basketball tournament. |
November 2022 | Target reported a gross margin rate reduction from 28% to 24.7%, attributing $600 million in lost profits to shoplifting and inventory shrinkage. |
November 19 2022 | Hot Wheels Monster Trucks Live hosted their Glow Party event at the Target Center arena. |
August 10 2022 | AEW made their Dynamite taping debut with a special episode 'Quake by the Lake' at the Target Center. |
April 20 2022 | Announcement made that Target Center will host the Big Ten women's basketball tournament in 2023 and 2024, and the men's tournament in 2024. |
March 2022 | Target converted its Vista, California store to an all-renewable energy facility by adding solar carports to the parking lot as a company pilot project. |
2021 | Target sees significant revenue surge to $93,561 million, a substantial increase from previous years, with 1,909 stores and 401,000 employees. |
2021 | Target opened a new sortation center in Austin, Texas. |
2021 | During the COVID-19 pandemic, Target hired more than 30,000 year-round supply chain team members and worked proactively to move products quickly. |
December 2021 | An employee named Andrew Stacy filed an unfair labor practice charge against Target with the National Labor Relations Board in Indianapolis, Indiana, alleging manager interference with union flyer distribution. |
November 13 2021 | AEW hosted their annual pay-per-view event Full Gear at the Target Center. |
November 12 2021 | All Elite Wrestling (AEW) taped an episode of Rampage at the Target Center. |
August 2021 | Target announced a $200 million investment to offer debt-free degrees to over 340,000 full-time and part-time team members across stores, distribution centers, and headquarters. |
March 9 2021 | Target announced Favorite Day, a new brand selling bakery items, snacks, candy, premium ice cream, cake-decorating supplies, and beverage mixers. The brand officially launched on April 5, 2021. |
February 2021 | Target announced plans to open 'mini Apple shops' in some of its stores. |
February 2021 | Target began offering hourly employees up to four hours of paid time to get COVID-19 vaccine doses, and covered Lyft ride costs up to $15 each way to vaccination appointments. |
2020 | During the COVID-19 pandemic, Target continues to grow, reaching $78,112 million in revenue and 1,904 stores with 368,000 employees. |
December 31 2020 | By the end of 2020, Target Corporation reported a total emissions reduction of 9.9% compared to the previous year, with total emissions at 2,192 kilotons (Kt), down from 2,433 Kt in 2019. |
September 2020 | Target published a Workforce Diversity Report revealing 50% of its 350K employees are people of color, and over half are women, with 24% people of color in corporate leadership. |
August 26 2020 | Target headquarters building was broken into and damaged during the Minneapolis false rumours riot. Three Minnesota residents were later convicted of federal arson charges for setting fires inside the building. |
July 16 2020 | Target mandated mask-wearing for all customers in U.S. stores during the COVID-19 pandemic. |
June 2020 | Target announced a permanent minimum hourly wage of $15, ahead of schedule, and offered a one-time $200 bonus to store and distribution center workers for their work during the COVID-19 pandemic. |
March 13 2020 | Brian Cornell (CEO) participated in President Trump's COVID-19 pandemic address. Target, along with other major retailers, began using stores for COVID-19 testing. |
January 9 2020 | Target announced All in Motion, a new activewear brand for men, women, boys, and girls, with a logo paying homage to a previous Dayton's logo. |
2019 | Target experiences steady growth, increasing revenue to $75,356 million and expanding to 1,851 stores with 360,000 employees. |
2019 | Target donated $100,000 to GLSEN to support LGBTQ education and support initiatives. |
2019 | Target completes widespread implementation of corporate title revisions, including changing Group Team Leader to Group Operations Director, District Team Leader to District Senior Director, and Store Team Leader to Store Director. |
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