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Sep 3, 2021 · But a suitor came calling in 1978: a company called Dayton Hudson, which would go on to announce a $291 million acquisition of Mervyn's. At the time, Seeking Alpha quotes the New York Times as saying Mervyn's was strong enough to provide 15 percent of the new company's total revenue.
- Hope Ngo
May 28, 1989 · When the Minneapolis-based Dayton Hudson Corporation acquired Mervyn's, the California apparel chain, a decade ago, it got a powerhouse - an innovative and much emulated retailer that could...
1969: Dayton merges with the Detroit-based J.L. Hudson Company department store chain, forming Dayton Hudson Corporation. 1978: Dayton Hudson acquires the California-based Mervyn's chain of moderate-priced department stores. 1979: The Target chain becomes Dayton Hudson's largest producer of revenue.
It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation.
Target's parent company, Dayton Hudson Corp., purchased legendary Chicago-based department store Marshall Field's, making Dayton Hudson the largest department store chain in the Midwest.
It became the Dayton-Hudson Corporation' after merging with the J. L. Hudson Company in 1969 and held ownership of several department-store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation.
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When did Dayton-Hudson buy Mervyn's?
When was Dayton's merged with Hudson's?
When did Dayton Hudson become a company?
When did Dayton-Hudson become target?
In 1969, Dayton's merged with Michigan department store chain Hudson's to form the Dayton-Hudson Corporation. The Target division of the company eventually grew so large that in 2000 the corporation was renamed the Target Corporation.
