Supply Chain
This building type optimizes fulfillment to the guest by SORTing packages into the most efficient delivery path.
Sortation Center
Target's estimated performance over the next 3 - 5 years
Long Range Plan (LRP)
Upgrading a selling location, typically done every 15 years
Store Remodel
= Current Year Sales / Prior Year Sales - 1
Comparable Sales (Comp Sales)
Target acquired Shipt in this year
2017
The cost of transporting inventory from a vendor location outside the US.
Import Freight
This aligns significant financial events throughout the year with a comparable timeframe from the prior year.
Ad-Shift Calendar
Online originated product picked up or delivered from a store location
Flexible Fulfillment
The amount Target earns on each sales dollar
Gross Margin or Operating Income
The first Target store was opened in this Minnesota city
Roseville
The process of separating received product into smaller (SSP) quantities.
Breakpack
This system is used to input financial expectations related to product sales.
PlanIt
Guests scan and pay for their own purchases
Self Checkout
The mean amount collected from the guest for a given item
= Item Sales $ / Item Sales Units
Average Selling Price (ASP)
We officially became Target Corporation in 2000, what other major milestone happened that same year?
1,000 Store Opened
This receiving process involves the vendor bypassing distribution centers and shipping product straight to stores.
Direct Store Delivery (DSD)
The amount of Target sales relative to the overall industry
Market Share
The percentage of total transactions tendered using a Target RedCard
= Redcard Tender / Total Tender
Redcard Penetration Rate
Target's famous mascot, Bullseye the Bull Terrier, was introduced in what year?
(+/- 1 year will be accepted)
1999
The term for inventory that is received at a given location, but is not stored and immediately moved downstream.
Flow Product
P&L line reflecting non-merch income streams
Other Revenue
Changing the assortment for a specific section of the store
Transition
= Ending Inventory / Average Weekly Relief
Weeks of Supply
How many CEO's has Target had?
10 CEO's
George D. Dayton (founder)1902–1938
George N. Dayton 1938–1950
Donald C. Dayton 1950–1967
Bruce B. Dayton 1967–1974
Kenneth Macke 1983–1994
Robert Ulrich 1994–2008
Gregg Steinhafel 2008–2014
Brian Cornell 2014–2026
Michael Fiddelke 2026–present