1962
Target celebrates 50 years since its first store opened in 1962 and 110 years since the Dayton’s Dry Goods Company—now Target Corporation—was created.
What did Target sell when they first opened?
1962–75: Founding of Target. 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 the Saint Paul suburb of Roseville, Minnesota.
When did the first Target store open in Michigan?
1881: A Chicago department store owned by Marshall Field is given his name; J. L. Hudson opens his first store in Detroit, Michigan.
The first Target discount store opened in Roseville, Minnesota, a suburb of Minneapolis–Saint Paul, on May 1, 1962. Present-day properties are roughly 135,000 square feet (12,500 m2) and sell general merchandise, including hardlines and softlines.
How did George Dayton start Target?
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. On May 1, 1962, Dayton Company opened its first Target store, designed as a discount…
Who is the owner of Target?
Dayton’s
Target Corporation/Parent organizations
Who owns Target now?
Who invented Target?
George Dayton
Target Corporation/Founders
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.
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.
Who was the founder of the Target Corporation?
Geisse was later hired by St. Louis-based May Department Stores, where he founded the Venture Stores chain. Target Stores ended the year with 11 units and $130 million in sales. It acquired the Los Angeles -based Pickwick Book Shops and merged it into B. Dalton Bookseller.
