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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.
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.
May 23, 2018 · Incorporated: 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, and the Dayton ’ s, Hudson ’ s, and Marshall Field department stores in the Midwest.
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. 1979: The Target chain becomes Dayton Hudson's largest producer of revenue.
In 1969, Dayton's merged with Michigan department store chain Hudson's to form the Dayton-Hudson Corporation. The Target division of the company eventually grew so large that in 2000 the corporation was renamed the Target Corporation.
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 9, 2018 · In 1969, the Target Corporation, as it is known today, really came into existence when the Dayton Company merged with Hudson Company, another department store organization, to form the Dayton-Hudson Company (DHC).
