Count of Target Stores in the U.S.
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| Fiscal year | Total number of stores |
|---|---|
| 2022 | 1,948 |
| 2021 | 1,926 |
| 2020 | 1,897 |
| 2019 | 1,868 |
| 2018 | 1,844 |
| 2017 | 1,822 |
| 2016 | 1,802 |
| 2015 | 1,792 |
| 2014 | 1,790 |
| 2013 | 1,793 |
| 2012 | 1,778 |
| 2011 | 1,763 |
| 2010 | 1,750 |
| 2009 | 1,740 |
| 2008 | 1,682 |
| 2007 | 1,591 |
| 2006 | 1,488 |
- Source: Target - Number of stores in the U.S.[/url]
- Region: United States
- Time period: 2006 to 2022
- Published: Mar 2023
Data Analysis and Insights
Overall Growth in Number of Stores
The data reveals a consistent increase in the number of stores from 1488 in 2006 to 1948 in 2022. This represents a total growth of 460 stores over 16 years, indicating a steady expansion strategy.Year-on-Year Growth Consistency
Every year without exception, the company expanded its store count, with annual additions ranging from a minimum of 2 stores (from 2013 to 2014) to a maximum of 91 stores (from 2006 to 2007). This demonstrates a consistent commitment to growth and expansion.Acceleration in Expansion Post-2006
A significant acceleration in the number of stores was observed from 2006 to 2007, where the count jumped by 103 stores, the highest year-over-year increase in the provided dataset. This suggests a strategic shift or market opportunity that the company capitalized on during this period.Stabilization in Recent Years
In more recent years, from 2018 to 2022, the rate of store additions shows a trend towards stabilization, with yearly increases ranging between 22 and 32 stores. This could indicate a matured expansion strategy or approaching market saturation.Minimal Increase During Certain Periods
The smallest annual growth observed was between 2013 and 2014, with an increase of only 2 stores. This minimal growth could reflect specific operational, economic, or strategic challenges faced during that period.Frequently Asked Questions
The company has consistently increased its store count every year, with a minimum of 2 new stores and a maximum of 91 new stores added annually.
Yes, a significant acceleration was observed from 2006 to 2007, with a jump of 103 stores, marking the highest year-over-year increase.
The rate of store additions shows a trend towards stabilization from 2018 to 2022, with yearly increases ranging between 22 and 32 stores.
Terms and Definitions
A US-based, multinational retail corporation that operates large-scale discount retail stores selling a variety of goods such as food, clothing, furniture, toys and electronics.
The sale of goods or services directly to consumers, typically through stores, online marketplaces or other outlets.
A retail store that sells products at prices lower than those typically charged by traditional retailers. Discount stores usually offer a wide variety of merchandise.
A business entity that operates, produces goods or delivers services in more than one country. These corporations often have a central head office but have various offices or factories in different countries.
The total footprint a company or product has in a specific market. This can be gauged by the number of stores, market share, brand awareness or visibility, and overall reputation.
A name, design, symbol or any other feature that distinguishes one seller's product or service from those of other sellers.
A person or organization that uses a product or service. In retail context, this typically refers to individuals who purchase goods for personal use, not for manufacturing or resale.
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