Preview

Target Executive Summary

Good Essays
Open Document
Open Document
555 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Target Executive Summary
With the shopping world becoming more computerized, brick and mortar stores have to step up and make a great impression on customers. Being hired as a consultant for Target, I would implement a plan to utilize the four principal functions of a manager (Kinicki & Williams, 2013). I would devise a plan to provide an appealing facility that not only sells desirable products at a competitive price, but a facility that smells good, sounds good, and is clean. Employees would go through training that would educate them on technology of the store, products being sold, and customer service. Goals would be established for each department, and a clear understanding of achievement would be implemented.

Organization of departments and team members

You May Also Find These Documents Helpful

  • Good Essays

    Target's Coaching Model

    • 191 Words
    • 1 Page

    To compete with companies such as Wal-Mart and Amazon, Target has become one of the only retailers to embrace the coaching model. According to the textbook, coaching is a “high directive-high supportive style” where a “leader focuses communication on both achieving goals and meeting the followers socioemotional needs.” The implementation of a coaching model within Target has the potential to affect engagement, guest experience, performance, sales, and team members’ quality of life. All of these, if influenced positively, can give Target an advantage over competitors.…

    • 191 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    Mrkg 1311 Chapter 12

    • 490 Words
    • 2 Pages

    1. Product offering: Everything under one roof, need to be convenient, customer friendly hours open, good merchandise mix, Example Target sells brand name clothes cheap, Target offers a credit card…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Tanglewood Case #3

    • 573 Words
    • 3 Pages

    There are three targets that should be utilized in hiring for the store level associate…

    • 573 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    STR 581

    • 295 Words
    • 2 Pages

    An early strategic choice to build a brand around the Target name fostered the company's steady growth. From the very beginning, George Dayton's strategy was to position Target as an upscale discount chain at which the prices would be just above the lowest prices. To achieve this upscale image, it offered trendy and stylish goods in an environment that was bright and attractive, unlike other discount stores of the time (HBS Working Knowledge, 2004 para 2). Once a generic strategy is selected Target will also need to consider how to implement its grand strategy to ensure it correlates with its long term goals. In the following paragraphs it describes how Target has identified its best value, and how it has selected a strategy to ensure the company can achieve its long term goals.…

    • 295 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Target Corporation

    • 837 Words
    • 3 Pages

    The purpose of this memo is to provide significant financial information of Target Corporation as well as to provide the necessary assistance to facilitate an investment decision.…

    • 837 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Target's Supply Chain

    • 1472 Words
    • 6 Pages

    In the year1962 the Target Organization was established by George Dayton who categories the organization as a concession retailer within the townships of Roseville, Minnesota. A decade later after the organization established it footing within the industry, the small subsidiary developed into the biggest division within The Dayton Corporation. The company advanced from a single discount store to earning its successes over the years from conventional leased superstore practices and discount vending, in addition to general retailing the organization continued to expand in an increasing rate based on sales, even though the forward focused was based on overall merchandising. Target Corporation had announced their financial revenues to be estimated at $69.9 billion at the end of January of 2012 (TGT Annual income Statement 2012). As the organization strived to reach organization benchmarks, Target supply chain played a significant role in providing all of the organization success.. The main purpose of this research paper is to gather, analyze and assess Target’s supply chain and the efficiency it provides to the overall organization..…

    • 1472 Words
    • 6 Pages
    Best Essays
  • Good Essays

    El Salvador being one of the smallest countries in Central America geographically has the third largest economy in the region. The economy is greatly affected by money that is sent from family, relatives, or friends living in the United States; it’s estimated that $3.9 billion were entered into the economy and therefore greatly benefit Target’s sales. Many Salvadorans travel to the United Sates in search of objects such as clothing to bring back to the El Salvador because they consider U.S. merchandise to be of a better quality. With that being said, Target’s economical outlook for business is promising because Salvadorans would have a demand and ease of accessibility to U.S. products within their own country. The economy is slowly improving by the following as posted on the CIA World Fact Book:…

    • 667 Words
    • 3 Pages
    Good Essays
  • Better Essays

    SWOT Analysis: Target

    • 1530 Words
    • 7 Pages

    Target’s purpose and mission statement is “We fulfill the needs and fuel the potential of our guests. That means making Target your preferred shopping destination in all channels by delivering outstanding value, continuous innovation and exceptional experiences—consistently fulfilling our Expect More. Pay Less.® brand promise.” Target’s determination to fulfill the needs and fuel the potential of their guests is leading them to their solutions that drive both business and social value. Target is focused on new ways to build onto Target’s legacy of corporate responsibility. Target works along side and together with their team members, guests, suppliers, and communities to create better outcomes on issues that matter. The focus will always be…

    • 1530 Words
    • 7 Pages
    Better Essays
  • Better Essays

    In 1962 history was made. An employee of Dayton Dry Goods Company named John. F. Geisse thought of the idea of an upscale discount-relating store. The Dayton Company used Geisse’s idea and opened its first store in Minnesota called “Target,” currently owned by Target Corporation. With more than 1,934 stores across the country, Target has grown into a household staple brand. In fact, Target mega-brand is second only to Wal-Mart. It’s amazing how successful Target has become in such a short period of time, but the question on everyone's mind is how? What makes Target so successful? Do they scam their everyday shoppers or are they genuinely that good? Whether it’s the colors or the adorable dog as their mascot Target is doing something…

    • 1251 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Target Corporation

    • 3133 Words
    • 13 Pages

    The Target Corporation, what used to be known as the Dayton Dry Goods Co., is an American retailing company that was founded in Minneapolis, Minnesota, in 1902. In 1962, the first Target store was opened in Roseville, Minnesota. It is the fifth largest retailer by sales revenue in the United States behind Wal-Mart, The Home Depot, Kroger and Costco. The company is ranked 33rd on the 2007 Fortune 500. Target operates its retailing business exclusively in the United States. It is a rival with Kmart and Wal-Mart. Target was listed in Internet Retailer's list of the top 500 retail web sites in 2007 also, this not only proves of brick and mortar sucsess but also online retail.…

    • 3133 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    In 1902, Target’s founder George Dayton opened his first store Dayton Dry Goods Company in Minneapolis, Minnesota. The residents in this community could expect dependable merchandise, fair business practices and a generous spirit of giving from their new store. Mr. Dayton shaped his new store around his personal principals and humanitarian spirit. By 1960, Mr. Dayton entered into mass-market discount and on May 1, 1962 “Tar-zhay” as it’s known by shoppers like me, was born in the twin cities Roseville. Target’s 75 departments would offer customers the best fashions, discounts, quality, prices, and a supermarket. The shopping experience would be fun for the entire family. The store had wide aisles, easy to shop displays, quick checkouts and well- lighted parking lots. The director of publicity with the help of his staff bounced around more than 200 names before they came up with the name and the bulls- eye logo. “As a marksman’s goal is to hit the center of the bulls-eye, the new store would do much of the same in terms of retail goods, services, commitment to the community, price, value, and overall experience.” (Target Corporation, 2013) Target employs more than 365,000 people and has cultivated a reputation as big box discounter offering affordability and style in more than 1,763 locations. Target appeals and attracts younger, educated, and affluent customers. Target stores are clean, well-kept, and organized. Customers are referred to as “Guests “and employees as “Team-Members.” Target has been recognized as the best place to work for hourly employees and ranked in the top 50 for diversity. Forbes awarded Target most reputable and admired company for its philanthropy. Target’s reputation is under fire for its low wages, poor working conditions, animal abuse, discrimination, lack of diversity and resistance in the…

    • 1197 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Target Corporation

    • 2418 Words
    • 10 Pages

    Target Corporation is a quickly growing company who has over 1400 stores in the United States with plans of opening 600 new stores within the near future. This expansion requires great planning and commitment from the human resources department, which makes it all possible to have great employees, supporting staff and many future endeavors. All these things make Target a very diverse and innovative store that supports their mission by commitment to great value to the community and environment.…

    • 2418 Words
    • 10 Pages
    Better Essays
  • Best Essays

    General Nutrition Companies, INC. was founded in Pittsburgh, Pennsylvania by David Shakarian in 1935 as a single, specialized, general health retail store (Histories, 2011). Since then, the company has experienced continuous growth in the nutritional supplements industry, NAICS code 445299 (Learning, 2011). GNC is the leading global specialty retailer of health and wellness products with a diversified, multi-channel business model that obtains revenues from product sales through company-owned retail stores, domestic and international franchise activities, third-party contract manufacturing, e-commerce and corporate partnerships.…

    • 3487 Words
    • 14 Pages
    Best Essays
  • Better Essays

    1. Mission Statement: “Our mission is to make Target the preferred shopping destination for our guests by delivering outstanding value, continuous innovation and an exceptional guest experience by consistently fulfilling our Expect More, Pay Less ® brand promise.”…

    • 1328 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    The following assignment allows you to analyze the Mall of America. You will have the opportunity to develop strategies designed to assist…

    • 371 Words
    • 2 Pages
    Satisfactory Essays