This statistic illustrates the share of people who shopped at Target in the United States. As of September 2024, ** percent of 18 - 29 year old consumers do so in the U.S. This is according to exclusive results from the Consumer Insights Global survey which shows that ** percent of 30 - 49 year old customers also fall into this category.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.
In the financial year 2024, 22.36 percent of Target Corporation's merchandise sales corresponded to the food and beverage segment. Meanwhile, household essentials represented 17.47 percent of the total merchandise sales. Merchandise sales represent the vast majority of Target's revenues. The company also has other streams of revenue, including credit card profit-sharing income from their arrangement with the TD Bank Group. Beauty at Target In a 2024 survey among Generation Z in the United States, 10 percent of teenage girls named Target as a shopping destination they visited to buy beauty products. This may not sound high, but it earned Target third place of all shops in the country, ahead of other major retailers Walmart and Amazon. It was, however, a considerable distance behind the two most popular destinations, specialist beauty brands Sephora and Ulta. These findings are reflected in a different study of the same retailers, with Target having the third lowest average age of female beauty consumers, at 44 years old. Gen Z clothing purchases There is also a large Generation Z market available to Target in the clothing category. In 2023, Gen Z consumers voted big box stores, such as Target and Walmart, as the second most popular shopping destination for apparel, with 16 percent of responses. This was only one percentage point behind online stores.
How high is the brand awareness of Target in the United States?When it comes to grocery store customers, brand awareness of Target is at 89% in the United States. The survey was conducted using the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.How popular is Target in the United States?In total, 38% of U.S. grocery store customers say they like Target.What is the usage share of Target in the United States?All in all, 34% of grocery store customers in the United States use Target.How loyal are the customers of Target?Around 29% of grocery store customers in the United States say they are likely to use Target again. Set in relation to the 34% usage share of the brand, this means that 85% of their customers show loyalty to the brand.What's the buzz around Target in the United States?In September 2023, about 33% of U.S. grocery store customers had heard about Target in the media, on social media, or in advertising over the past three months. Have a look at our analyses of Target's brand KPIs by generation, as well as the most important life aspects of Target customers compared to non-customers of the brand.
Target Corporation operates a chain of general merchandise stores, which offer a wide variety of general merchandise and food to their customers. The company has operated primarily in the United States since its inception. Target did have a number of stores in operation in the Canadian market, but these were all closed in 2015. Target Corporation had revenues amounting to approximately 106.57 billion U.S. dollars in 2024, making it one of the leading American retailers. The development of an American retail giant The company started out as the Dayton Dry Goods Company in 1902, later changing its name to the Dayton Company, but more commonly known as Dayton’s. The company was run under the Dayton-Hudson Corporation banner up until the year 2000, when it was renamed Target Corporation. The company spread across the United States and even entered the Canadian market for brief period. Target Corporation has an impressive number of stores in the United States. Today, Target is one of the most valuable retail brands in the world. Where does Target’s revenue come from? Target Corporation sells a wide range of goods, such as food, apparel, household essentials, and seasonal offerings, as well as many others. The company also sells products online, through target.com. Target’s sales share is quite evenly distributed, with several high revenue segments.
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Discover the reasons behind Target's declining customer loyalty as policy changes and store experience impact shopper satisfaction.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Target net worth as of June 20, 2025 is $42.42B. Interactive chart of historical net worth (market cap) for Target (TGT) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.
The retailing company Target invested *** billion U.S. dollars in advertising in the United States in 2022, keeping its ad spending stable from the previous two years. Likewise, Target net advertising costs worldwide remained at *** billion U.S. dollars in 2022. That same year, the company recorded a peak in revenue in the U.S., reaching *** billion U.S. dollars. Who are Target’s competitors on the advertising market? In a ranking of leading retailers in the U.S. based on their advertising expenditures, Target placed fourth, behind Amazon, Walmart, and LVMH. With Amazon’s business model being another beast entirely, Walmart has been Target’s closest competitor. Between 2015 and 2022, Walmart’s ad spending was roughly ** to ** percent higher than that of Target in the same period. Target: one of the most advertised brands in the U.S. Target ranked among the most advertised brands in the U.S. in 2022, in a list which includes other retailers, such as Amazon and Walmart, and also brands like GEICO and Apple. Headquartered in Minneapolis, Minnesota, Target reaches mostly a younger audience. In 2023, roughly **** out of 10 Target costumers were aged between 18 and 29 years.
Target had revenues of 77 billion U.S. dollars in the United States in 2019. The company’s U.S. revenue was forecast to be 85.98 billion U.S. dollars in 2025.
Target The Target Corporation (Target), founded in June 1902, is an American retailer headquartered in Minneapolis. Target sells a wide range of goods, such as food, apparel, household essentials, and seasonal offerings, as well as many other types of products. The company sells products online, through target.com. In North America, there were 1844 Target stores as of 2018. As of 2019, the company had over 360,000 employees.
How does Target compare to other retailers? Based on sales, Target Corporation was the ninth-largest food and grocery retailer in the United States in 2019. Target is one of the more popular grocery chains in the country; according to a 2018 survey, around 60 percent of consumers between the ages of 30 and 49 years in the United States shopped at Target. In an age where consumers are more conscious of sustainability than ever before, Target operates a Garment Hanger reuse program, which keeps millions of pounds of metal and plastic out of landfills. Target recycles most of its waste, with the company recycling 540,197 tons of their total waste volume in 2017.
In terms of Rx sales, CVS Health and Walgreens were the two leading drug stores chains in the United States in 2016.
Prescriptions in the United States In 2018, some 4.19 billion retail prescriptions were filled in the United States. The number of retail prescriptions filled on an annual basis is expected to increase to 4.57 billion by 2024. For CVS, pharmacy services accounted for the largest share of the company’s revenue. Over the last several decades the consumer price index for prescription drugs in the United States has increased at an alarming rate, from 72.5 in 1980 to 522.1 in 2018.
CVS Health and Target In December 2015, Target and CVS Health announced the acquisition by CVS of all of Target’s pharmacy and clinic business. Subsequently, all of the pharmacy sections in Target stores were replaced with CVS Health signage and CVS branded products. This could explain the sudden jump in CVS’s share of retail prescriptions filled in the United States, from 23.45 percent to 30.1 percent between 2015 and 2016.
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This statistic illustrates the share of people who shopped at Target in the United States. As of September 2024, ** percent of 18 - 29 year old consumers do so in the U.S. This is according to exclusive results from the Consumer Insights Global survey which shows that ** percent of 30 - 49 year old customers also fall into this category.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.