0_Wizard
I like to shop at Target. It's actually the second largest discount store in the US, next to Walmart.
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index.
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Target Corporation
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Target Corporation
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.
Walmart
Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 11,703 stores and clubs in 28countries, operating under 59 differentnames. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India.
Discount store
A discount store is a retail store which sells products at prices that are lower than the typical market price. A "full-line discount store" or "mass merchandiser", such as Aldi or Lidl, may offer a wide assortment of goods with a focus on price rather than service, display or wide choice within lines; a "speciality", "single line" or "category killer" discount store, such as Toys "R" Us or Staples, may specialise in specific merchandise such as jewellery, electronic equipment or electrical appliances, relying on bulk purchase and efficient distribution to keep down costs. Discount stores are not variety stores, which sell goods at a single price-point or multiples thereof (£1, $2, etc.).
Walmart Canada
Walmart Canada Corp. is the Canadian division of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994 with the purchase of the Woolco Canada chain from the F. W. Woolworth Company. Originally consisting of discount stores, Walmart Canada's contemporaries include Hart Stores, and Giant Tiger. It also competes in many areas with Home Hardware, Canadian Tire and Dollarama. Walmart Canada's six Sam's Club stores (2006-2009, only in Ontario) competed with warehouse club Costco and hypermarket Real Canadian Superstore. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Metro, Sobeys, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others.
Criticism of Walmart
Walmart has been criticized by groups and individuals, including labor unions and small-town advocates protesting against Walmart policies and business practices and their effects. Criticisms include charges of racial and gender discrimination, foreign product sourcing, treatment of product suppliers, environmental practices, the use of public subsidies, and the company's security policies. Walmart denies any wrongdoing and says that low prices are the result of efficiency. In 2005, labor unions created new organizations and websites to criticize the company, including Wake Up Wal-Mart (United Food and Commercial Workers) and Walmart Watch (Service Employees International Union).
History of Walmart
This article covers the history of Walmart, the large international discount retail chain. In 1950, Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. Thus, the Ozark Mountain town of 2,900 residents would become the headquarters for the world's largest retailer. At some point Sam Walton made the decision to achieve higher sales volumes by keeping sales prices lower than his competitors by reducing his profit margin. Inspired by the successes of other discount department store chains, Walton opened the second store in Harrison, Arkansas that year.
Department store
A department store is a retail establishment offering a wide range of consumer goods in different product categories known as "departments". In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris ("Le Bon Marché" in 1852) and in New York (with Stewart's). Today, departments often include the following: clothing, furniture, home appliances, toys, cosmetics, houseware, gardening, toiletries, sporting goods, do it yourself, paint, and hardware.