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Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota.It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
As well, on July 21, 2004, Target Corporation announced the $1.65 billion sale of Mervyn's [46] to an investment consortium including Sun Capital Partners, Cerberus Capital Management, and Lubert-Adler/Klaff and Partners, L.P., which was finalized September 2. Target Stores expanded to 1,308 units and reached US$46.8 billion in sales.
At Target, Jones stressed the need for content creation as a form of marketing and brand building. [10] Progressive Grocer called Jones the "architect of Target’s on-demand shopping experience". [5] He helped launch the savings app Cartwheel [19] and oversaw the extension of naming rights for the Target Center in Minneapolis. [20]
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. [1] [2]
Original file (1,275 × 1,650 pixels, file size: 53 KB, MIME type: application/pdf) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
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By 1975, Target was the company's top revenue producer and by the end of the 1970s annual sales exceeded $1 billion. [1] In 2000, the parent company took the Target name from its stores. [ 5 ] At the time of Dayton's death, the company he once led was the 36th largest company in the United States.
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