Dayton Dry Goods Company
Banker and real estate investor George Draper Dayton incorporated Target in 1902 as Goodfellow Dry Goods. The following year the name was changed to Dayton Dry Goods Company and shortened to Dayton Company in 1911.
Where was the first Target opened?
Minneapolis, Minnesota, United States
Target Corporation/Place founded
Who named Target?
Stewart K. Widdess
The name “Target” originated from Dayton’s publicity director, Stewart K. Widdess, and was intended to prevent consumers from associating the new discount store chain with the department store. Douglas Dayton served as the first president of Target.
When did the first Target store open in Minnesota?
May 1, 2015 10:30 AM EDT W hen the first Target store opened — on this day, May 1, in 1962 — as an offshoot of the Minneapolis-based Dayton’s department store, it marketed itself, per the Target Corporation, as “a new kind of mass-market discount store that caters to value-oriented shoppers seeking a higher-quality experience.”
What was the year of the first target?
As mentioned ad nauseam on this site and in many other quarters, Target’s founding year, 1962, was the year of the discount store revolution.
Where was the first Target store in Australia?
The Target story began in 1926 when two men, George Lindsay and Alex McKenzie, opened a drapery store in Geelong, Victoria after signing a partnership the previous year. The store primarily sold dress fabrics, manchester and furnishings. A pioneer of discount retailing, Lindsay’s business methodology was ‘half the profit, twice the turnover’.
When did Bruce Dayton Open the first Target store?
In 1966, Bruce Dayton launched the B. Dalton Bookseller specialty chain as a Dayton Company subsidiary. Target Stores expanded outside of Minnesota by opening two stores in Denver, and sales exceeded $60 million.
