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Dayton-Hudson Corporation announced in January 2000 a name change to Target Corporation. [114] Acknowledging that Target stores made up 80% of its revenue and that the Target name was better known nationally, Dayton-Hudson believed Target was the name, and direction, of the corporation's future.
In January 2000, Dayton-Hudson Corporation changed its name to Target Corporation and its ticker symbol to TGT; by then, between 75 percent and 80 percent of the corporation's total sales and earnings came from Target Stores, while the other four chains—Dayton's, Hudson's, Marshall Field's, and Mervyn's—were used to fuel the growth of the ...
The first Target store opened in Roseville, Minnesota, in 1962 while the parent company was renamed the Dayton Corporation in 1967. 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 ...
The elder Macke rose from sales trainee to chairman and CEO of Target, then a division inside of Dayton Hudson. He went on to lead the entire company over the span of a 33-year career, and is seen ...
He began his career with Dayton Hudson Corporation (which would become Target Corporation in 2000). Until 1981, Ulrich held a series of positions overseeing merchandising for Dayton Hudson, including overseeing merchandising for Dayton's Department Stores. In 1981, he moved to overseeing the operations of Dayton's subsidiary, Diamond's. [1]
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.
Dayton-Hudson Corporation renamed itself Target Corporation in 2000 and renamed its Dayton's and Hudson's department stores Marshall Field's in 2001. These stores were outside of Field's existing markets. Target Corporation introduced some of the brands carried there to the Marshall Field's stores, displacing some of Field's more expensive ...
By that time, retail competition had greatly intensified, and was moving from large downtown stores to smaller stores in suburban shopping malls. The John A. Brown company was acquired by the Dayton Hudson Corporation (now Target Corporation) in 1971, and continued to operate under the John A. Brown name. The downtown store closed and was ...