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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.
- June 24, 1902; 121 years ago (corporation), May 1, 1962; 61 years ago (store)
- US$109.1 billion (2022)
- 440,000 (2023)
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 in the Midwest.
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.
At the time of acquisition, J.L. Hudson was the nation's largest independently owned department-store company. Upon realization of the merger, Dayton Hudson Corporation became the 14th-largest nonfood retailer in the U.S., with combined sales over $800 million. Target Stores
- January 12, 2001; 22 years ago
- George Draper Dayton
- June 24, 1902; 121 years ago, Minneapolis, Minnesota
- Department store
May 23, 2018 · Dayton Hudson Corporation. 777 Nicollet Mall Minneapolis, Minnesota 55402 U.S.A. (612) 370-6948 Fax: (612) 370-5521. Public CompanyIncorporated: 1969 Employees: 161,215 Sales: $14.74 billion Stock Exchanges: New York Pacific. Dayton Hudson Corporation operates the well-known Target discount stores, Mervyn ’ s moderately priced retail stores ...
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The Dayton Company merged with the Detroit-based J.L. Hudson Company that year to become the Dayton-Hudson Corporation, the 14th largest retailer in the United States, consisting of Target and five major department store chains: Dayton's; Diamond's of Phoenix, Arizona; Hudson's; John A. Brown of Oklahoma City, Oklahoma; and Lipman's.
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.
