- Target started as a department store in Minneapolis and stayed a regional chain for years.
- In the '60s and '70s, the company became a popular national retailer.
- From clothing to home goods, Target has always been a staple of great merchandise and great business.
Target is known for its wide array of merchandise, cheap prices, and recognizable red color scheme.
But many don't know that the popular retailer actually got its start in 1902 and stayed a regional chain for over 50 years. Today, it is one of the most popular retailers in the country.
Keep reading to find out more about Target's history and how it came to be the powerhouse retailer it is today.
In 1902, George Draper Dayton opened the Dayton Dry Goods Company, a department store in Minneapolis.
The Dayton Dry Goods Company was the fourth largest department store in Minneapolis. The store quickly became known for its great merchandise and great business.
The Dayton Company opened its second location in 1954 in Rochester, Minnesota.
Throughout the first half of the century, the company built a name for itself. Since 1946, it has given 5% of its income back to the community.
The Dayton Company moved to the suburbs with a store at the Southdale Mall in 1956.
The Southdale shopping mall was the first enclosed shopping center in the country, and Dayton's was at the forefront. Over the next 20 years, the company would expand to three more malls within the Minneapolis area.
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