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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.
Company revenues surpassed $1 billion in 1971. Mervyn's, a line of moderate-price department stores, merged with Dayton Hudson in 1978. That year Dayton Hudson became the seventh-largest general merchandise retailer in the United States, its revenues topping $3 billion in 1979.
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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.
May 20, 2024 · In 1969 Dayton’s merged with the J.L. Hudson Company of Michigan and became Dayton Hudson Corporation. Dayton Hudson bought the Brown stores of Oklahoma in 1971 and finally Mervyn’s of California in 1978.
Sep 29, 2015 · In 1969 Dayton’s merged with the J.L. Hudson Company of Michigan and became Dayton Hudson Corporation. Dayton Hudson bought the Brown stores of Oklahoma in 1971 and finally Mervyn’s of...
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, Hudson's merged with Dayton Co. of Minneapolis, creating Dayton Hudson Corp. The merger led to growth not only in Michigan, but also Ohio and Indiana. As the city's decline in population, reputation and wealth continued, Hudson's downtown store closed Jan. 17, 1983, after more than 90 years of business.
