The first Target store opened in Roseville, Minnesota, in 1962, with a focus on “convenient shopping at competitive discount prices,” according to the company’s website. Since then, the company has had to “move fast” to keep up with a “very fast-changing industry,” Liu said.
Adapting quickly has allowed the retailer to expand to become the second-largest general merchandise retailer in the United States, with more than 1,800 stores across the country, roughly 340,000 employees worldwide and an online shopping platform.
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