Target Corporation is currently the eighth-largest retailer as of now in the United States of America, and it is now a component of the S&P 500 Index. Target was founded by Mr. George Dayton. Target is headquartered at Minneapolis as of now.
Originally, in June 1902 the company was named as Good fellow Dry Goods before being renamed in 1903 as the Dayton’s Dry Goods Company and later in 1910 as the Dayton Company. The very first Target store opened in 1962 in Roseville, Minnesota while the parent company in 1967 was renamed as the Dayton Corporation.
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Target Return Policy
Target became the Dayton-Hudson Corporation in 1969 after its merging with the J.L. Hudson Company and since then, Target held the ownership of several chains of department stores such as Dayton’s, Marshall Field’s, Hudson’s and Mervyn’s.
On February 2, 2019, 1,844 stores of Target operated throughout the United States of America. The company is however ranked thirty-nine on the Fortune 500 list of 2018 of the largest United States corporations ordered by total revenue.
The various retail formats include Target’s discount store, the Super Target hypermarket, and City Target and Target Express which are the “flexible format” stores previously set up before being consolidated under the entire Target branding.
Target is often recognized for its ultimate focus and emphasis on “the needs of its younger and image-conscious shoppers”, whereas its competitor Walmart highly relies on its strategy of “everyday low prices”.
Owing to Target’s huge customer base, it is natural that there might be returns or refunds associated with orders.
Here we will be providing you with the Return Policy of Target. The policy is as follows:
- Most unopened items sold by Target are in new condition and the ones which are returned are returned within ninety days.
- For the ones which are returned, the customers will receive a refund or exchange.
- However, some items sold by Target already have a modified return policy which is noted on the receipt and packing slip, as well as on the Target policy board (refund exceptions), and on Target.com or in the item department.
- Items which are opened or which are damaged or which do not have a receipt may be denied any refund or exchange.
- Most of the unopened items sold by the combination of Target and any Partner, if in new condition and returned within ninety days, only will receive a refund.
- All items sold by Target’s Partners must be returned anyhow to Target, either in-store or via mail.
- Some items sold by Target’s Partners may have a modified return policy mentioned on the receipt or on the site of Target.com.
- Items that have been opened or have been damaged may be denied any refund.
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In most cases, the refund will automatically be deposited back via the original form of payment which is used for the customer’s purchase. In the event the customer used multiple forms of payment, the refund can be issued via all payment methods used. It may take up to five days for the refund to be processed.