Does Walmart Own Target in 2026?

Quick answer: No. Walmart does not own Target. Walmart and Target are separate retail companies, and Target operates under its own corporate identity.

The old version of this topic likely leaned too hard into the confusion. The cleaner 2026 answer is simple: Walmart is Walmart, and Target is Target. They compete in the same broad retail space, but one does not own the other.

Table Of Contents

Does Walmart own Target?

No. Current official company materials do not support any claim that Walmart owns Target.

Walmart's corporate materials identify Walmart as Walmart Inc., while Target's own corporate materials describe Target through its separate company history, locations, and brand identity.

Who owns Target then?

Target is its own public retail company, generally referred to through the Target corporate brand and Target Corporation identity in its own official materials. It is not presented as a Walmart subsidiary, Walmart brand, or Walmart-owned chain.

Why do people confuse Walmart and Target?

Because both are giant U.S. retailers that sell many of the same categories of products: household goods, electronics, groceries, apparel, and home essentials. When two companies look similar from the outside, people sometimes assume one bought the other. But similarity and competition are not the same thing as ownership.

Bottom line

Walmart does not own Target in 2026. They are separate companies with separate corporate identities, even though they compete in overlapping retail categories.