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In 2011, Free Shipping Day became a billion-dollar shopping holiday with $1.072 billion in sales, [5] followed by $1.01 billion during Free Shipping Day 2012. [ 6 ] In 2013, Knowles changed the format of Free Shipping Day to only include merchants that could waive all minimum order requirements and guarantee delivery by Christmas Eve. [ 7 ]
As of 2023, Target operates 1,948 stores throughout the United States, [5] and is ranked No. 32 on the 2022 Fortune 500 list of the largest U.S. corporations by total revenue. [6] It has been consistently ranked as one of the most philanthropic companies in the U.S. Attempts to take the chain international have proved unsuccessful.
Target Stores opened eight new stores that year, including its first shopping mall anchor store in Grand Forks, North Dakota. [20] In 1979, it opened 13 new units to a total of 80 Target stores in eleven states. Dayton-Hudson reached $3 billion in sales, with $1.12 billion coming from the Target store chain alone. [2]
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