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George Draper Dayton (March 6, 1857 – February 18, 1938) was an American businessman and philanthropist, most famous for being the founder of Dayton's department store, which later became Target Corporation.
Jul 13, 2020 · Target’s history began with former banker and real estate investor George D. Dayton. Back in the late 1800s, Dayton had purchased a piece of property in Minneapolis, an area he believed...
- Daniella Genovese
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910.
The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
1902: George Draper Dayton opens the Goodfellow Dry Goods store in a six-story building in downtown Minneapolis. 1903: Corporate name is changed to Dayton Dry Goods Company. 1910: Name is shortened to Dayton Company. 1938: Dayton dies; his son Nelson takes over the $14 million business.
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Guiding Target into its second century, Cornell aims to cement its reputation as a durable retail innovator. From founder George Dayton to current chief Brian Cornell, Target’s leaders drove its growth from a 1902 Minneapolis dry goods store into a national giant.
May 21, 2024 · Banker and real estate investor George Draper Dayton incorporated Target in 1902 as Goodfellow Dry Goods. The following year the name was changed to Dayton Dry Goods Company and shortened to Dayton Company in 1911. On May 1, 1962, Dayton Company opened its first Target store, designed as a discount version of Dayton’s department stores.
