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When did Dayton-Hudson become a company?
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When did Dayton-Hudson become target?
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In January 2000, Dayton-Hudson Corporation changed its name to Target Corporation and its ticker symbol to TGT; by then, between 75 percent and 80 percent of the corporation's total sales and earnings came from Target Stores, while the other four chains—Dayton's, Hudson's, Marshall Field's, and Mervyn's—were used to fuel the growth of the ...
Acquisition: Marshall Field's. 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.
The merger resulted in Dayton Hudson Corporation, the 14th-largest retailer in the United States. Dayton Hudson stock was listed on the New York Stock Exchange. With the merger, the Dayton Foundation changed its name to the Dayton Hudson Foundation.
The company became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and formerly held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. The parent company was renamed the Target Corporation in 2000.
May 23, 2018 · Economics, Business, and Labor. Businesses and Occupations. Dayton Hudson Corporation. views 3,395,926 updated May 23 2018. Dayton Hudson Corporation. 777 Nicollet Mall. Minneapolis, Minnesota 55402. U.S.A. (612) 370-6948. Fax: (612) 370-5521. Public Company. Incorporated: 1969. Employees: 161,215. Sales: $14.74 billion.
1967: Company changes its name to Dayton Corporation and makes its first public stock offering. 1969: Dayton merges with the Detroit-based J.L. Hudson Company department store chain, forming Dayton Hudson Corporation. 1978: Dayton Hudson acquires the California-based Mervyn's chain of moderate-priced department stores.
Dayton-Hudson Corporation announced in January 2000 a name change to Target Corporation. Acknowledging that Target stores made up 80% of its revenue and that the Target name was better known nationally, Dayton-Hudson believed Target was the name, and direction, of the corporation's future.
