Company Profile For Target Corporation

Target Corporation (Target) operates Target general merchandise stores with an assortment of general merchandise and food items, as well as SuperTarget stores with a line of food and general merchandise items. Target.com offers an assortment of general merchandise, including many items found in the Company’s stores and a complementary assortment, such as extended sizes and colors, sold only online. The Company operates in two segments: Retail and Credit Card. The Retail Segment includes all of its merchandising operations, including its general merchandise and food discount stores in the United States and its integrated online business. The Credit Card Segment offers credit to qualified guests through its branded credit cards, the Target Visa and the Target Card (collectively, REDcards).

BRIEF: For the thirty nine weeks ended 31 October 2009, Target Corporation's revenues decreased less than 1% to $45.18B. Net income decreased 3% to $1.55B. Revenues reflect a decrease in income from Retail segment due to decline in comparable store and lower credit card revenues. Net income also reflects increased credit card expenses, higher depreciation & amortization expenses and a fall in interest income.