Dayton Dry Goods: A Brief Story Of George D.

After working in banking and real estate, native New Yorker, George D. Dayton decides to explore Midwest markets. Dayton notices Minneapolis offers some strongest opportunities for growth and so decides to purchase land on Nicollet Avenue and forms Dayton Dry Goods Company – today known as Target Corporation (“Target through the Years”). “Target Corporation is an upscale discount retailer that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and customer friendly stores” (“Corporate Fact Sheet”). Today, target operates 1,829 stores in United States, which has enabled the company to grow to the top of the retail store market. It has implemented various techniques and strategies to constantly improve and ensure the effectiveness and efficiency of all operations (“Corporate Fact Sheet”).

Flour Essay Charles Pillsbury was an Industrialist back in the late 1800’s for a flour mill. When Charles lived in Warner, New Hampshire, he graduated at Dartmouth College in 1863. After finishing his formal education Charles moved to Montreal, Quebec, where became a clerk or Buck, Robinson and Co., a produce commission company. Then Charles moved to Minneapolis to live with his uncle, John Sargent Pillsbury. After he moved to Minneapolis, John encouraged Charles to invest into a failing small flour mill even though Charles had no milling experience, he did it anyway.

In the 1890’s, the United States began to act like a great power. At that time, it had passed a period of crisis; the civil war, industrialization, immigration and the aftermath of the Reconstruction era added to anxiety of its economic crisis. Imperialism was called upon to aid in this crisis because it would create a system of foreign relations based on the exchange of goods, but it did so without understanding the consequences of its actions. One way the exchange of goods was used in creating foreign relations was through corporations. Corporations at the time went abroad to look for resources that the continental United States did not have, such as bananas and coffee.

Target Corporation (NYSE:TGT) is one of the most recognized discount retailer that provides upscale, trendy merchandise at affordable prices. The company was founded by Draper Dayton in 1902. The first store was opened in Roseville, Minnesota during 1962. As a result of Target’s continued success, its parent company, The Dayton Hudson Corporation was renamed to Target Corporation in 2000. Currently, Target is the second largest retailer and mass merchandiser in the United States.

Due to new technology and online purchasing, the way in which Target does business has changed dramatically. Consumers have changed their preferences on buying. Sitting on our couch and buying online while we watch our favorite T.V. show, is easier and cheaper than having

SUPPLY CHIAN NETWORK OF TARGET VALUE CHIAN ANALYSIS OF TARGET Value chain analysis is a set of inter - linked value creating activities performed by the organisation that begin with inputs, go through processing and continue up to outputs manufactured to customers. It is the set of activities that creates additional value for the customer. Value chain plays a central role in improving cost efficiency, quality and customer responsiveness. Each activity in the value chain adds to the value of product in each process from its creation to delivery.

Since Target Corporation is accessible in different places around the world, changes in rules and regulations of different countries it operates might impact on Target’s performance. It may also cause additional costs and expenses. this is associated especially to health, security and business laws. On social environment, Target annually do volunteering. They have a Target Books for School Award which allows them to give away $500 worth of books to local

Six of eight original owners were brewers or owned saloons. The most famous of these owners was Christian Von Der Ahe, who bought the St. Louis Browns even though he knew nothing about baseball. But he knew that hardworking immigrants and the lower class in general would want to drink at the

Target Corp. sells both items produced by other companies as well as sells items they have produced themselves. Target only sells the products they produce in their stores so they don’t have to worry about filling orders for other companies or be worried about demand from another company decrease. They are in control of their own supply and only have to worry about their own stores and the supply needed in house. While Target does produce some of their own goods, I would say their product or service is the shopping experience. Target Corp wants the consumers to choose them over all the other options there are out there that may offer similar products.

Owners – Target’s owners are one of the most important stakeholders. They are the people who started and owns the business to profit from the successful operations of Target. They have decision making aptitudes and the people who has first right to profit. The proprietors are the primary strategist and organizer.

Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).

The leadership behaviors at CVS reflects the aforementioned leadership philosophy. In an interview with leaders at CVS headed by Merlo motivates their employees to accomplish more than what is usually expected of them. According to Northouse (2013), the transformational leader plays a vital role in initiating change, where followers and leaders are inextricably bound together in the transformation process (Northouse, 2013). In the case of CVS, this is clearly evident by what Scott Baker, CVS Senior Vice President has to say : “nobody works in solos, we collaborate on concepts and ideas with the goal of providing our customers with best-in-class service and high quality merchandise” (CVS, 2015). CVS’ encouragement of open communication

Edward Lampert “The ineffective leader in retail segment” In this document the author will analyse the leadership qualities of Edward Lampert on the basis of his performance in Sears. Leadership can be defined as the ability to lead and organization or a group of people and help them to achieve their objectives. Effective leaders build strong communication bond with the employees and they also help the organization to increase its revenue and sales. Emotional intelligence is also an added quality of effective leaders (Batool, 2013).

Target Corporation is one of the famous retail stores in the United States which is founded by George Dayton in 1902. Walmart is the main competitor to Target because these companies have similarities such as goods, services, business form, and customers. To compare Target to Walmart is logical because people can determine and analyze advantages and disadvantages in annual financial statement between Target and Walmart. Target and Walmart have different data on investment activities which are important to their companies. Investment activities are, uses necessary resources for operating of their companies which include computers, delivery trucks, furniture, buildings.

Case 6.1 Three Shifts, Three Supervisors 1. Based on the principles of path-goal theory, describe why Art and Bob appear to be less effective than Carol. Carol leadership style of Participative matches up well with the task characteristics of the followers on her team. Unfortunately, Art and Bob leadership skills are not matching well with the needs of their team. Art is currently being Directive but his team needs Supportive and Bob is Supportive but needs to be more Achievement Oriented.