The first Target opened in 1962 in Roseville, Minnesota. Today, there are now over 1,600 stores across the United States. This animation shows that growth, via Flowing Data:
click for animation
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Retail Sales in Jan rose .4% headline m/o/m, .7% ex auto's, .6% ex auto's and gasoline and .7% at the core. The headline figure was less than expected while the rest were slightly better. But, with respect to non headline sales, because Dec figures were revised lower, taking the two months together were about in line with forecasts overall. Sales rose in electronics, building materials, food/beverages, clothing, sporting goods, dept stores and restaurant/bars and fell interestingly for online retailers, health/personal care, furniture and motor vehicle/parts. Bottom line, headline sales were below expectations due to the greater than expected fall m/o/m...
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October 22nd, 2009 at 12:37 pm
Now that was really cool.
October 22nd, 2009 at 12:42 pm
and walmart
http://projects.flowingdata.com/walmart/
October 22nd, 2009 at 12:43 pm
Good God. The explosion of Target stores in Southern California is unreal. There must be a store every 100 feet. Alabama was one of the last states Target has expanded into. The Birmingham metro area has opened 6 in the past 6 years, after having none until 2003.
October 22nd, 2009 at 12:47 pm
I would love to see one of those for Starbucks.
October 22nd, 2009 at 12:50 pm
Is this updated from
http://www.ritholtz.com/blog/2009/01/visualizing-the-growth-of-target/
??
Also, no wonder the country looks the same no matter where you go.
October 22nd, 2009 at 12:53 pm
Ritholtz, I don’t know about Target…it seems like the kind of place where cost-conscious Democrats might shop.
As a registered Republican, I have been following one blog more closely in recent weeks than even the Ritholtz blog. This blog is the epitaph of modern-day Americana, the living story of where the efforts of freedom-loving thinkers and fighters like Plato, John Locke, and George Washington have finally taken the Western world. If you truly want to appreciate The Real America, forget about that elitist Socialist Target and read:
http://www.peopleofwalmart.com/
October 22nd, 2009 at 1:02 pm
Ritholtz, I don’t know about that Target. It seems like the kind of place where educated, cost-conscious Democrats might shop.
As a registered Republican, I prefer to stick with The Real America. Hee Haw! These days, I follow one blog more than even the Ritholtz blog. This blog is about true modern-day Americana, a living testament to where the efforts of freedom-loving thinkers and fighters like Plato, John Locke, and George Washington have taken the Western world. Forget that elitist, left-leaning Target and get to know The Real America:
http://www.peopleofwalmart.com/
October 22nd, 2009 at 1:03 pm
your ‘Index Funds’ at work..
aka: “The S&P 500-ization” of the American Economy.
paraphrasing C. Whalen: “Tough tootsies Mom & Pop~”
October 22nd, 2009 at 1:30 pm
Happy Birthday BR!!!
Enjoy thy self…
October 22nd, 2009 at 1:35 pm
BR-
you posted this several months ago-
running out of material?
October 22nd, 2009 at 1:46 pm
BR,
blame it on I-Man..
http://entertainment.howstuffworks.com/october-22-birthday-astrology.htm
http://iftodayisyourbirthday.com/bornoctober22/
http://cafeastrology.com/zodiaclibra.html
October 22nd, 2009 at 2:14 pm
@call me ahab: indeed he did http://www.ritholtz.com/blog/2009/01/visualizing-the-growth-of-target/
October 22nd, 2009 at 2:20 pm
I don’t think we should beat him up about the re-post. It is timely, as we are experiencing a “mini-boom” in this country, and why not build more Targets? :D
Besides, old age tends to make one forget…… :D
October 22nd, 2009 at 4:03 pm
When you watch these a graphical depictions of growth you can also visualize the explosive growth of debt that has supported this growth in retail stores. Of course that’s on top of the crowding out of small businesses along the way too.
As it goes on with more explosions per second you can extrapolate to the one great big explosion (implosion really) that’s coming as the whole ponzi scheme finally comes apart.
What a country!
October 22nd, 2009 at 6:44 pm
BR,
Happy B-Day. Hope it was a great one.
That said, lack of topics….really?
http://www.ritholtz.com/blog/2009/01/visualizing-the-growth-of-target/
I liked this map a little better I suppose….and it is still pretty neat to watch.
October 22nd, 2009 at 6:45 pm
oops, i see ahab already beat me too this
damn you ahab.
October 22nd, 2009 at 7:45 pm
@ Ritholtz
You should stop the ban on the “S” word…you wind up having to rescue your bewuvved The Great CNBC Sucks’ posts from the comment moderation area and you get strangely different but essentially duplicate posts. You think your silly little word filter would ever stop a world-class obsessive-compulsive like me from making my point?
@ ahab
Ritholtz ran out of material about six months ago, but that will not stop a world-class obsessive-compulsive like Ritholtz from blogging.
October 22nd, 2009 at 7:51 pm
Superimpose Walmart, StarBucks, Wendy’s, McDonalds, Taco Bell, Pizza Hut & more……..and you can quickly figure out why all of the FAT ASSES are buying so much toilet paper.
October 22nd, 2009 at 9:59 pm
I read the comment on this at Mishs’, and it is soooo true. This is the Thermonuclear war simulation from the movie ‘war games’. As Onlooker says above, there can only be one conclusion from this exponential growth. KaaaaBOOOM!
Sarcasm on: Oh yes we can continue this growth rate into the future based on continued consumer spending, and profit growth.
October 22nd, 2009 at 11:06 pm
old stuff…