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Senior vice-president and founder John Geisse left the company. Geisse was later hired by St. Louis–based May Department Stores, where he founded the Venture Stores chain. Target Stores ended the year with eleven units and $130 million in sales. It acquired the Los Angeles–based Pickwick Book Shops and merged it into B. Dalton Bookseller. [10]
The Dayton corporation, now known as the Target Corporation, was the company John Geisse worked for when he founded the Target stores and was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions.
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.
Gemco was established in Anaheim, California, in October 1959. ... Target opened stores in most of the former Gemco locations by the fall of 1987, ...
[1] [3] [7] In 1962, he and Douglas Dayton founded and launched the Target Stores for the Dayton Company, [8] now known as Target Corporation. In 1968, he left Target Stores and was subsequently hired by May Department Stores, where he founded the Venture chain. [3]
Douglas James Dayton (December 2, 1924 – July 5, 2013) was an American retail executive, businessman, and philanthropist and heir to the Dayton's Company fortune who was the co-founder of the Target discount stores chain. Dayton ran Target's operations during its early years and served as the company's first president.
The Target division of the company eventually grew so large that in 2000 the corporation was renamed the Target Corporation. Dayton-Hudson had acquired Chicago-based Marshall Field's in 1990 and Target rebranded Dayton's stores as Marshall Field's stores in 2001 in an effort to focus more on discount retailing. In 2004, Marshall Field's was ...
The stores were closed, remodeled, and reopened in May 1989 as Target stores; they continued to operate as such until Target began to replace the older stores in the mid-1990s. The 1991 movie Career Opportunities was filmed at a Richway location converted into a Target store located at 4000 Covington Hwy. in Decatur, GA (location T378). That ...