The retail business is brutally competitive. Sears Roebuck once dominated retail in America (and built the highest skyscraper in the country at the time as its headquarters in Chicago). Sears lost its way and its competitive edge and the savvy entrepreneurs behind companies like Walmart, Amazon and Target took its place.
Target Corporation was created in 1962 by the department store chain Dayton’s, headquartered in Minneapolis (and the company took Target as its corporate name in 2000).
Target has long been a source of pride for Minnesotans and a darling of national retail. The company’s brand became synonymous with marrying affordability with on-trend design and for sharing its business success with strong community support.
But the last few years have been bruising for Target — for it

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