Hardware Retailing

MAY 2017

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

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HARDWARE RETAILING | May 2017 94 The Financials 360 Sources: Target Corp. Annual Report filings 2016 Sales by Channel Percent of Sales Household Essentials . . . . . . . . . . . . . . . 22% Food, Beverages and Pet Supplies . . . . 22% Apparel and Accessories . . . . . . . . . . . . . 20% Home Furnishings and Decor . . . . . . . . . 19% Hardlines . . . . . . . . . . . . . . . . . . . . . . . . . 17% U . S . Statistics 2012 2013 2014 2015 2016 Percent Growth (From 2012 to 2016) U . S . Retail Sales (dollars in millions) $71,960 $71,279 $72,618 $73,785 $69,495 -3 . 4% Target U . S . Store Count 1,778 1,793 1,790 1,792 1,802 1 . 3% Year 2013 2014 Target Canada Store Count 124 133 Canada Retail Sales (U.S. dollars in millions) $1,317 $1,902 Distribution Centers 3 3* Canada Statistics *Sources were a variety of news reports. Sales From Physical Stores and Digital Platforms 2014 97.4% 96.6% 95.6% 2015 2016 2.6% 3.4% 4.4% Stores Digital

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