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By 1911, the company was renamed The Dayton Company and became widely known as the Dayton's department store. The new name was created to better reflect the store's "wide assortment of goods.
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The formation of the Dayton-Hudson Corporation was the result of a merger between two prominent regional department store chains, the Dayton Company and the J.L. Hudson Company. The formation of Dayton Hudson Corporation brought together various retail businesses owned by the Dayton family, including Target, as well as other divisions such as Dayton's Department Store and Mervyn's.
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Welcome to the Firmin & Co's journey — a story that begins in the quaint setting of Werrington Village. From those humble beginnings, we've blossomed across various key locations including Orton Waterville, Hampton Centre, Oundle Road, Eastfield Road, Ramsey, and the lasest in Crowland. This growth has solidified our reputation as the go.
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History Oasis In a seminal 1969 deal, the Dayton Company merged with the venerable Detroit-based department store chain J.L. Hudson Company, forming the Dayton-Hudson Corporation and establishing a retailing conglomerate encompassing five major chains, including the burgeoning Target discount stores.
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The company established the discount chain Target in 1962, opening the first unit in Roseville, Minnesota, and in 1966 decided to enter the highly competitive market of retail bookselling, opening B. Dalton Bookstores. In 1967 the company changed its name to Dayton Corporation and made its first public stock offering.
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The Dayton Company Goes Public. In 1965, The Dayton Corporation released its first annual report, comprising its net profit and sales figure. Since the Dayton Family owned 90% of the company's stock, it was still a private brand. And this move was to prepare it to become a public organization in 1967 to transform into a national retailer.
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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 first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton.
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The Dayton Company began looking further than the city of Minneapolis in 1954, according to Target's website. That's the year that the first Dayton's location opened up in Rochester, a Minnesota.
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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. Dayton-Hudson later acquired two more retailers: the California-based Mervyn's in.
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Dayton's was an American department store chain founded in Minneapolis, Minnesota, in 1902 by George Draper Dayton.It operated several local high end department stores throughout Minnesota and the Upper Midwest for almost 100 years. Although it was regionally known as a high-quality shopping destination, Dayton's is best remembered for starting the discount shopping chain Target.
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Founding of Target. The Target we know and love was born in the 1960s. 1960 1965 1970 1975 1980 1985 1990 1995.
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Throughout the late 1980s and 1990s, the Dayton Company evolves. In 1988 it not only opens its first store in the Pacific Northwest but also experiments with UPC bar-codes (Target Corporation, 2010, Through the Years). In 1990, the Dayton Hudson Company also purchases the Chicago-based Marshall Field's Company, originally founded in 1852, and.
