Research
TARGET CORP
Fast-growing Target Corporation has bulked up by slimming down. The nation's #2 discount chain (behind Wal-Mart) now operates more than 1,500 Target and SuperTarget stores in 47 states, as well as an online business called Target.com. Target and its larger grocery-carrying incarnation, SuperTarget, have carved out a niche by offering more upscale, fashion-forward merchandise than rivals Wal-Mart and Kmart. Target also owns apparel supplier The Associated Merchandising Corp. and issues Target Visa and its proprietary Target Card.
WAL-MART STORES INC
Wal-Mart Stores is an irresistible (or at least unavoidable) retail force that has yet to meet any immovable objects. Bigger than Europe's Carrefour, Tesco, and Metro AG combined, it is the world's #1 retailer, with about 6,775 stores, including some 1,075 discount stores, 2,250 combination discount and grocery stores (Wal-Mart Supercenters in the US and ASDA in the UK), and 580 warehouse stores (SAM'S CLUB).. Wal-Mart also has operations in Asia, Europe, and South America. Founder Sam Walton's heirs own about 40% of Wal-Mart.