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It became the Dayton-Hudson Corporation' after merging with the J. L. Hudson Company in 1969 and held ownership of several department-store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation. Store formats/history Target
Founding of Target. The Target we know and love was born in the 1960s. 1960 1965 1970 1975 1980 1985 1990 1995.
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That year, the Target discount chain became Dayton-Hudson's top revenue producer. In 1976 Dayton-Hudson was the eighth largest retailer in the U.S., and Target opened four new units and reached $600 million (~$2.5 billion in 2023) in sales. Macke was promoted to president and chief executive officer of Target Stores.
Target Corporation is the fourth largest retailer in the United States, operating 1,556 stores in 47 states. Formerly Dayton Hudson Corporation, Target has three main retail divisions: Target Stores, Mervyn's, and Marshall Field's.
May 24, 2024 · On May 1, 1962, Dayton Company opened its first Target store, designed as a discount version of Dayton’s department stores. In 1969 Dayton expanded its department store operations and merged with the J.L. Hudson Company to become the Dayton-Hudson Corporation.
Public Company. Incorporated: 1969. Employees: 213,000. Sales: $23.5 billion (1995) Stock Exchanges: New York Pacific. SICs: 5311 Department Stores. Company History: Dayton Hudson Corporation operates the well-known Target discount stores, Mervyn's moderately priced retail stores, and the Dayton's, Hudson's, and Marshall Field department stores ...
May 23, 2018 · By 1991 the Dayton Hudson Corporation consisted of three major operating units: Target, with 420 discount stores in 32 states; Mervyn ’ s, with 227 stores in 15 states, and the Department Store Company, operating 20 Hudson ’ s, 17 Dayton ’ s, and 24 Marshall Field ’ s stores.
