We help manufacturers develop a successful partnership with Target
The Twin Cities of Minneapolis and St. Paul form one of the largest retail hubs in the nation. Target, Best Buy, Menards, Gander Mountain, ShopNBC, Fingerhut, SuperValu and several others are all located in the area. Impact Marketing has years of experience working with these companies but now specializes in their business with Target and Best Buy.
Target Corporation (NYSE: TGT) is an upscale nationwide discounter with over 1,799 stores, headquartered in Minneapolis. Target provides high-quality, on-trend merchandise at attractive prices in clean, spacious and guest-friendly stores. In addition, Target operates an online business, Target.com. The company-wide emphasis is on creativity and innovation, with a commitment to deliver great design at affordable prices. Target promise to the guest is “Expect More. Pay Less”
Target’s annual revenues are well in excess of $72 billion and has a 5 year CAGR goal of 2.7%. The company has 38 regional distribution centers and 4 import warehouses. Target employs over 347,000 associates. Its core customers, called “Guests,” are college educated, have an average age of 40, an average income of $64k and 43% have children at home. In general, Target’s guests are younger, more affluent and better educated.