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John Francis Geisse (September 1, 1920 – February 21, 1992) was an American businessman. He founded three successful retail chains: Target Discount Stores, Venture Stores, and The Wholesale Club (which merged in 1991 with Sam's Club). [1] Early life and education.
A native of Madison, Wisconsin, Geisse was a leader in the emerging high-volume discount store industry and cofounder of several discount chains. In 1962, Geisse joined with Douglas Dayton of the Dayton Hudson Corporation, headquartered in Minneapolis, to found Target stores, which has become one of the largest department and discount stores in ...
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While working for the Dayton company, John F. Geisse developed the concept of upscale discount retailing. On May 1, 1962, the Dayton Company, using Geisse's concepts, opened its first Target discount store, located at 1515 West County Road B in Roseville, a suburb of Saint Paul, Minnesota.
Mar 1, 1992 · John F. Geisse, an early leader in discount merchandising who founded three major store chains, died Feb. 21 at his home in Indianapolis. He was 71. Mr. Geisse died of a heart attack, his...
Retail Pioneer & Leader: Founder of Target Stores, Venture Stores, & The Wholesale Club. (September 1, 1920-February 21, 1992) While his father pursued a career designed to make aviation more widespread and safer, John Francis Geisse was firmly grounded in retail marketing and merchandising, launching three successful retail chains designed to ...
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