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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.
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.
Jun 7, 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.
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.
May 23, 2018 · From its impecunious beginnings in 1902 on a small plot of land in Minneapolis, the Dayton Hudson Corporation grew by the 1990s into one of the five largest retailers in the United States, with stores in 33 states and annual sales of more than $13 billion. Its philanthropy has been and still is legendary.
Acquires Detroit Department Store in 1969. The year 1969 also saw a major acquisition: the Detroit-based J.L. Hudson Company, a department store chain that had been in existence since 1881. The merger resulted in Dayton Hudson Corporation, the 14th-largest retailer in the United States.
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.
