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Learn about the history of Target Corporation and the Dayton-Hudson Corporation.
Purpose & History. Who we are today is rooted in our company history and the vision of our founders. Learn more, and meet the leadership team who is driving Target into the future. Explore section.
Key Dates: 1902: George Draper Dayton opens the Goodfellow Dry Goods store in a six-story building in downtown Minneapolis. 1903: Corporate name is changed to Dayton Dry Goods Company. 1910: Name is shortened to Dayton Company. 1938: Dayton dies; his son Nelson takes over the $14 million business.
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910.
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Jun 28, 2024 · On May 1, 1962, Dayton Company opened its first Target store, designed as a discount version of Dayton’s department stores. In 1969 Dayton expanded its department store operations and merged with the J.L. Hudson Company to become the Dayton-Hudson Corporation.
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The history of what would become Target Corporation first began in June 1902, when George Dayton purchased a company called Goodfellow Dry Goods. The company was renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910.
