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The chain was founded in 1968 when Target founder John F. Geisse went to work for May Department Stores. [1] Under an antitrust settlement reached with the Department of Justice, May was unable to acquire any more retail chains at the time, and the department-store company needed a way to compete against the emerging discount-store chains.
In 2022, Target announced [12] that their board of directors had eliminated the company’s mandatory retirement policy that would have forced the CEO to retire at age 65. In 2023, Cornell's total compensation at Target was $18.1 million, or 719 times the median employee pay at Target for that year. [ 13 ]
Target and MBH Architects were awarded the "Green Lights Partner/Ally of the Year Award". [107] Target is the only national retailer employing a Garment Hanger reuse program, which keeps millions of pounds of metal and plastic out of landfills. In 2007, this program prevented 434 million hangers from entering landfills. [108]
Health care jobs are in demand in 2025 — one of the top roles can pay $385,000. ... This Target worker prefers retail and TikTok income to using her degree.
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Geisse was born on September 1, 1920, [2] in Madison, Wisconsin, the son of aeronautical inventor John Harlin and Esther (née Wattawa) Geisse. [3] He grew up in the Washington, D.C., area [3] and attended St. John's College High School. [4]
George Raymond Zage, III (born January 20, 1970) [1] is a Singapore-based businessman and former hedge fund manager from Schaumburg, Illinois, USA. [2] Career
Marshall Field & Company (commonly known as Marshall Field's) was an upscale department store in Chicago, Illinois.Founded in the 19th century, it grew to become a large chain before Macy's, Inc, acquired it in 2005.