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Target's original bullseye logo, used from 1962 until 1968 [1]. 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.
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]
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.
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Over time, Target began to far eclipse the success of the other Dayton Hudson stores, and on January 13, 2000, Dayton Hudson took the name Target Corporation. Ulrich sold the other store groups, including Mervyn's and Marshall Field's , and focused on promoting the Target brand.
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]
The company reported third-quarter adjusted earnings per share of $1.85, missing the street view of $2.30. For FY24, the company now forecasts adjusted EPS between $8.30 and $8.90, down from the ...
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. [2]