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The company established the discount chain Target in 1962, opening the first unit in Roseville, Minnesota, and in 1966 decided to enter the highly competitive market of retail bookselling, opening B. Dalton Bookstores. In 1967 the company changed its name to Dayton Corporation and made its first public stock offering.
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. The first Target store opened in Roseville, Minnesota in 1962, while the parent company was renamed the ...
Douglas Dayton. Douglas James Dayton (December 2, 1924 – July 5, 2013) was an American retail executive, businessman, and philanthropist and heir to the Dayton's Company fortune who was the co-founder of the Target discount stores chain. Dayton ran Target's operations during its early years and served as the company's first president.
Oct 13, 2021 · October 13, 2021. Target and the Target Foundation have announced a commitment of $100 million through 2025 in support of efforts to advance racial equity and drive economic prosperity in Black communities across the United States. Part of the company's Racial Equity Action and Change strategy announced in 2020, the initiative will support ...
Jun 30, 2021 · The Largest Donations in Michigan $550 million (2021-2031) From: Anonymous alumni To: Western Michigan University For what: The Empowering Futures Gift, as it is called, includes $300 million for WMU’s Homer Stryker M.D. School of Medicine, $200 million for need-based financial aid for the undergraduate population, faculty salaries and other programs; and $50 million for athletics.
Oct 31, 2021 · October 31, 2021 12:13 AM. After a nearly two-decade absence from its borders, Detroit is expected to get a new Target Corp. store straddling the Midtown and Brush Park neighborhoods. The ...
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May 9, 2018 · The founder of Target's parent company, George Draper Dayton, set the tone for Target's philanthropy. In 1918 he founded the Dayton Foundation, and his family would later commit the predecessor of Target Corporation to donating 5 percent of profits to charity.
