Acquiring Target Corporation Essay -- Business

ACQUIRING TARGET CORPORATIONINTRODUCTIONThe current economic recession has taken a toll on corporations. Those who survive stay within their financial means, are innovative in retaining and attracting customers, and use technology to distinguish themselves from their competitors. Target throne is a company that possesses all of these characteristics. While some companies have cut payroll or ceased to exist, Target Corporation has survived in the economic recession and is positioned to realize further market share as economic conditions continue to improve.The purpose of this report is to analyze Target Corporations financial statements, determine the in store(predicate) developing potential of the company, and make a recommendation for or against the acquisition of the company.POTENTIAL FOR GROWTHAlthough many competing companies are projecting insignificant profit growth over the next few years, Target Corporation is projecting profit growth in the near future. Target expec ts 2012 annual sales to increase by four to five percent (Target Corporation, 2011). When combined with their continued emphasis on technology, customer rewards, and customer relations, the future of Target Corporation looks bright.Making Use of engine roomTarget Corporation recognizes the importance of technology in reaching its customers. In 2011 the company launched a completely redesigned website that focuses on ease of use. Target also has an industry leading mobile application that allows the company to reach its customers regardless of where they are located. In fact, Mobile Commerce Daily named Target the 2010 Mobile Retailer of the family (Target Corporation, 2011). It is in this sector that Targets potential for growth is the highe... ...ved establish 11, 2012, from http//sites.target.com/site/en/company/page.jsp?contentId=WCMP04-031794Microsoft Network. (2012, March 8). Target Corp. Retrieved from MSN.Money http//investing.money.msn.com/investments/Moore, P. (n.d.) T arget to add PFresh market place concept at 350 stores. Business News The Business Journals. Retrieved March 13, 2012, from http//www.bizjournals.com/twincities/stories/2009/11/16/daily32.htmlTarget Acquisition. (2011, January 13). Target Pressroom. Retrieved March 13, 2012, from http//pressroom.target.com/pr/news/target-corporation-to-acquire-real-estate.aspxTarget Corporation. (2011, March 11). Target 2010 Annual Report. Retrieved March 9, 2012, from http//investors.target.comTarget Corporation. (2012, February 23). Target Reports Fourth Quarter and Fiscal 2011 Earnings. Retrieved March 5, 2012, from http//investors.target.com