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Learn about the origins and evolution of Target Corporation, a leading retailer in the United States, from its founding in 1902 as a department store chain to its expansion and diversification in the 21st century. Explore the milestones, challenges, and innovations that shaped Target's history and identity.
Learn about the history, products, and operations of Target Corporation, one of the largest retailers in the U.S. and a component of the S&P 500 Index. Find out how Target started as a department store chain and became a discount department store and hypermarket chain.
Dayton's was a Minnesota-based department store chain founded in 1902 by George Draper Dayton. It merged with Hudson's to form Dayton-Hudson Corporation, which became Target Corporation, and was rebranded as Marshall Field's and Macy's.
Dayton did not doubt his vision, remarking "I am thoroughly convinced that we are selling a superior product that will bear the test of time." [1] In 1969, the Dayton's merged with J.L. Hudson Company and Dayton left Target to become a senior vice president in the new company, Dayton Hudson Corporation.
Marshall Field's was an upscale department store founded in 1852 by Potter Palmer, who bought out his partners Levi Leiter and Marshall Field. The store survived the Great Chicago Fire and became a landmark on State Street, until it was acquired by Macy's in 2006.
He began his career with Dayton Hudson Corporation (which would become Target Corporation in 2000). Until 1981, Ulrich held a series of positions overseeing merchandising for Dayton Hudson, including overseeing merchandising for Dayton's Department Stores. In 1981, he moved to overseeing the operations of Dayton's subsidiary, Diamond's. [1]
B. Dalton was an American retail bookstore chain founded in 1966 by Bruce Dayton, a member of the Dayton's department store family. It was acquired by Barnes & Noble in 1987 and liquidated in 2010, except for two locations, but was revived in 2022 as a Barnes & Noble store.
George Dayton was an American businessman and philanthropist who founded Dayton's department store, later Target Corporation. He was born in New York in 1857, moved to Minnesota in 1883, and died in 1938.