Differentiated merchandise at discounted prices

Lit. Guides
>
Free Essays
>
Business
>
Company Analysis
>
Target Co.: Discussion
Cite
Print
Share
Target Co.: Discussion Presentation
Exclusively available on IvyPanda
Updated: Sep 29th, 2022
Business Summary
Target Corporation is a large retailing company that was established in 1902. It offers a wide range of products such as everyday essentials, fashionables, and differentiated merchandise at discounted prices. The majority of general merchandise in stores owned by Target Co. are edited food assortments, perishables, dry grocery, dairy, and frozen items. The company also has digital channels that include a wide merchandise assortment: many items found in company-owned stores, along with a complementary assortment.

We will write a custom Presentation on Target Co.: Discussion specifically for you
for only $16.05 $11/page

811 certified writers online
The company also makes a regular contribution to the local communities since 1946 in the shape of 5 percent from the profit. In 2020, the company achieved various breakthroughs in terms of profitability. The sales grew by more than $15 billion, which is the greatest peak prior 11 years. The total market share across five core merchandising categories reached approximately $9 billion. The company also peaked at a record-breaking $9.42 of adjusted earnings per share.

Business Summary
Strengths
The company demonstrates high standards of business conduct due to its fame and positive reputation with regards to social responsibility and trendiness.
Strong brand image, which is the merit of the corporations exceptional marketing and advertisement departments.
The companys mobile application contributed to the development of digital channels and increased measurement and reporting of online sales.
The culture within the corporation illustrates concern for the safety and well-being of employees, which ensures loyal, long-term motivated employees.
Partnership with minority professional societies for recruiting.
Special onboarding and new hire programs to prepare and train employees.
Typical customer includes educated adults in mid-40s who are financially more stable than customers in another age segment.
Strengths
Weaknesses
The market competitors such as Amazon and Walmart offer a much wider variety of products online which may attract the customer to the sites of competitors.
The prices at Target are higher in comparison to rivals as the company charges about 15% more for groceries compared to Walmart.
In 2014, Target had faced one of the worst data breach incidents. Nearly 70 million customers credit card information was stolen. Consequently, Targets reputation received a severe blow, and the business had faced many class-action lawsuits.
The company was not very successful in the expansion towards the international market. Target Co. opened 133 stores in Canada by 2015 but had to shut down everything due to the low profitability and greater competition.
Weaknesses
Opportunities
The partnership with CVS, which was formed in December of 2015, could potentially provide the customers an opportunity to access industry-leading health care services in Targets stores.
Small scale stores are a lucrative opportunity for the expansion of the companys presence in the industry because of the greater reach in dense urban areas and college campuses.
Expansion of the RED card loyalty program by analyzing customer buying habits and including personalized marketing and promotion offers.
The expenditures on goodwill and strong ties to communities where Target shops operate may improve the business networking and result in local tax breaks and or business-friendly policies.
Key focus for Target should be on increasing differentiation from rival companies through the acquisition and promotion of exclusive brands and merchandise.
Opportunities
Threats
The industry competition is intense as major retailers and minor shops try to get a hold of a larger market share. Major competitors include Walmart, Costco, Kroger, Home Depot, Amazon, Whole Foods, etc., which have numerous stores in close proximity to the local population.
The failure to differentiate may serve as a threat to the corporation. Their brand loyalty may be affected due to the shift of numerous buyers towards online shopping with a greater variety of exclusive merchandise.
The retail industry is capital intensive but easily replicable, which creates low entry barriers. Any company may potentially reduce the market share of Target by undercutting its prices.
The macroeconomic conditions of the USA greatly affect the companys total profits. Target Corporation is a primarily US-based company hence turbulence in the local economy negatively affects the business.
Threats
Government Regulation
Government regulations on Target corporation include the product safety laws and cybersecurity requirements. All of the companys vendors need to comply with all applicable safety standards. The company could be subjected to government enforcement action, costly product recalls, and numerous other liabilities if food or drug contamination and product defects would be identified. Consequently, the sales and operating results of the corporation would experience adverse effects.

The growth of the digital market is enormous and leads to an increase in governmental interventions to regulate the market. Primarily information security, cybersecurity, and data privacy concerns are growing. Cybersecurity regulations are increasingly demanding, and complying with them may impose substantial costs. They require changes to business practices, limit the ability to process data that is used to provide a differentiated consumer experience, and expose the company to litigation and regulatory risks.

Government Regulation
Aggregate Demand
Changes in aggregate supply and demand impact the price of goods and services. This could potentially have a drastic impact on the operational expenses because an increase or decrease in the cost of goods will impact the end price of the product. Therefore, the companys revenues and/or operational costs will change. Moreover, Target would experience an intensification of competition as the price levels would start to vary drastically.

Aggregate Demand
Fiscal Policy
Fiscal policies affect the cost of business for Targets retail chain, consumer demand, and competitiveness. Tax-related policies affect consumers buying power as the net amount of their income could be diminished by higher tax rates. Thus, customers might take the decision to cut their additional expenses and focus only on necessary products. Furthermore, it will increase the competitiveness in pricing among retails stores or the companys rivals. Therefore, Targets differentiation from its main competitor Walmart, in other words, a higher price tag in favor of product quality, will not be as meaningful if it has an enormous impact on the customer budget.

On the other hand, increased government spending may contribute to the deficit that may cause interest rates to increase. The growth of interest rates changes the customers buying habits and preferences which could divert their attention from goods and services provided by Target.

Get your 100% original paper on any topic done
in as little as 3 hours
Fiscal Policy
Financial Data
The company trends for the past two years demonstrated stable growth in terms of sales and profit. Total sales were equal to over 92 and 72 billion dollars for 2020 and 2019, respectively. Simultaneously, net earnings demonstrated the figures of over 4,368 and 3,281 million dollars.

The operating cash flow was $10.5 billion for 2020, an increase of $3.4 billion, or 48.3 percent, from $7.1 billion for 2019. The comparable sales growth of 2020 was outstanding with 19.3% in comparison to 3.4% in 2019.

Even though the global pandemic diminished the influence of numerous companies, Target demonstrated its solid presence on the market and was able to turn the situation into a favorable outcome. This is the result of the timely enaction of dozens of safety, social distancing, and cleaning measures designed to protect the customers and employees. However, a continuation of the situation could negatively impact the company as the major contributions in 2020 were the result of rising digital channels.

Financial Data
Industry Analysis
The retail industry experienced substantial changes due to the turbulence caused by COVID19 within the global economy. The outbreak rendered forecasts of the industry as a challenging issue and demonstrated several growth opportunities. First of all, digital differentiation became an essential topic within the industry, with companies searching for new revenue models, like subscriptions or memberships. The establishment of new partnerships and alliances to create a profitable and digital omnichannel experience is also a lucrative model. On the other hand, widespread disruption in the second half of 2020 exposed inefficiencies in the supply chain. It led some retailers to realize the lack of preparedness to anticipate and meet consumer demand amid unprecedented times.

In 2020, leading retailers in the United States were Walmart, Amazon, The Kroger Co, Costco, Walgreens Boots Alliance, The Home Depot, CVS Health Corporation, and Target. Wal-Mart was the leading retailer based on U.S. retail sales of about 430.8 billion dollars, while Target received 8th place with over 92 billion dollars of sales. This ranking demonstrates the high competitiveness of the retail market with numerous existing corporations.

Industry Analysis
This presentation on Target Co.: Discussion was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.
Removal Request
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda.
Revenue Management Scenario Evaluation
Google in the 21st Century: Why it remains A Market Leader
Find free essays, topics
Need a custom Presentation sample written from scratch by
professional specifically for you?

809 certified writers online

CITE THIS PAPER
Select a referencing style:

COPY TO CLIPBOARD
APA-7
APA-6
Chicago (N-B)
Chicago (A-D)
MLA-9
Harvard
Reference

IvyPanda. (2022, September 29). Target Co.: Discussion. https://ivypanda.com/essays/target-co-discussion/

Powered by CiteTotal, online essay referencing tool
MORE RELATED PAPERS
From Fashion Producer to Fashion Retailer
Germany Walmart vs Colombia Walmart
H&M Company Merchandise and Product Mix Analysis
NetJets and Wheels Up Airlines Websites Comparison
Companys Policy on Use of E-mails and Text Messaging
Amazon.com Inc.’s Performance Analysis via Charts
Chaos Theory in Dillard Retail Store
Analysis of the Retail Clothing Industry
3 hours!
We’ll deliver a 100% original paper this fast
Learn More
Paper Details
Reading time 5 min
Type Presentation
Pages 10
Words 1318
Subjects Business Company Analysis
Language
English
Related Papers
Sportswear Merchandise in UK
Managing a Retailers Finances
Improving Organizational Performance: Comparison between Wal-Mart and Target Corporation
World’s Expo 2020 in Dubai
Ladies Sneakers Retail at Walmart and Kohls
A Critique of Walmarts Branding
Evaluation of Walmart
Hellen avatar
Hellen
Online
Hellen avatar
Psst… stuck with your assignment?
Do you need an essay to be done?
Yes
Other tasks
Close support chat
Your privacy is extremely important to us. We utilize security vendors that protect and ensure the integrity of our platform while keeping your private information safe.
Contact Us
Phone
USA
+1 (866) 236-7979
Canada
+1 (800) 303-8389
Office
,
, . , , , , , .
Study Hub
Free Essays
Writing Tools
Lit. Guides
Donate a Paper
Q&A
Study Blog
Referencing Guides
Free Textbooks
Tongue Twisters
Company
About Us
Contact
Honor Code
Job Openings
Expert Application
Video Contest
Writing Scholarship
IvyPanda Shop
Legal
Terms and Conditions
Privacy Policy
Cookies Policy
Copyright Principles
DMCA Request
Service Notice
About
This is IvyPanda’s free database of academic paper samples. It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. The database is updated daily, so anyone can easily find a relevant essay example.

Get Professional Assignment Help Cheaply

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Why Choose Our Academic Writing Service?

Plagiarism free papers
Timely delivery
Any deadline
Skilled, Experienced Native English Writers
Subject-relevant academic writer
Adherence to paper instructions
Ability to tackle bulk assignments
Reasonable prices
24/7 Customer Support
Get superb grades consistently

Online Academic Help With Different Subjects

Literature

Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.

Finance

Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.

Computer science

Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!

Psychology

While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.

Engineering

Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.

Nursing

In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.

Sociology

Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.

Business

We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!

Statistics

We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.

Law

Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.

What discipline/subjects do you deal in?

We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.

Are your writers competent enough to handle my paper?

Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.

What if I don’t like the paper?

There is a very low likelihood that you won’t like the paper.

Reasons being:

When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.

In the event that you don’t like your paper:

The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
We will have a different writer write the paper from scratch.
Last resort, if the above does not work, we will refund your money.

Will the professor find out I didn’t write the paper myself?

Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.

What if the paper is plagiarized?

We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.

When will I get my paper?

You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.

Will anyone find out that I used your services?

We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.

How our Assignment Help Service Works

1. Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2. Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3. Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4. Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!