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George Draper Dayton (March 6, 1857 – February 18, 1938) was an American businessman and philanthropist, most famous for being the founder of Dayton's department store, which later became Target Corporation.
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.
When his father George Dayton passed away in 1938, Nelson Dayton assumed the presidency of the Dayton Company at just 43 years old. He maintained the conservative Presbyterian principles of the business yet transitioned to a more innovative and aggressive management style.
Born: March 6, 1857. Birthplace: Clifton Springs, New York, USA. Star Sign: Pisces. Died: February 18, 1938 (aged 80) Cause of Death: Cancer. Business Career. 1902-06-24 Target Corporation is founded by American businessman George Dayton as Goodfellow Dry Goods in Minneapolis.
- American
- March 6, 1857
- Clifton Springs, New York, USA
- February 18, 1938
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.
Target Corporation bears the strong imprint of its founder, George Draper Dayton. Dayton's father, a physician in New York state, could not afford to send him to college, in part because the doctor freely gave his services to the poor. Hence Dayton set off on his own in 1873 at age 16 to work in a coal and lumberyard.
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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.
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