So last week we posted about our favorite retailer and why we liked them so much. This week, we are posting some information on that retailer.
I did some research about Target and found out some things I did not know. For example, Target was founded in 1902 by a man named George Dayton. He had a six-story building built in Minneapolis and convinced a local department store owner to move into his building. Instead of simply moving into the building, he retired and sold his interest in the company to Dayton, who changed the company's name to Dayton's Dry Goods Company. In 1910, the company name changed to Dayton Company. It lasted that way for 46 years when, in 1956, it opened the world's first fully-enclosed shopping center.
The first 'Target' opened in 1962 in Minnesota. The company wanted to seperate 'Target' from their department store so they named it something completely different.
Throughout the last 47 years, 'Target' has expanded vastly. At this point, there are almost 1500 'Target' stores throughout the country. The company has also expanded to include 'Supertarget', which is basically a grocery store combined with a regular 'Target' store.
most information found at: http://en.wikipedia.org/wiki/Target_Corporation
Wednesday, February 4, 2009
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