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Founder of Target
George Draper Dayton was the founder of Target -
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Target first opened
June 24, 1902 in Minneapolis, Minnesota -
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Target gets a new owner
George dies and his son takes over the bussiness and is named the President -
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Giving 5% to communities
The Dayton Company establishes the practice of giving 5 percent of pretax profits back to the community. In doing so, it becomes the second American company to establish a preset amount of annual giving. -
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New Generation of leadership again
Following the death of his father, George N. Dayton, Donald C. Dayton, grandson of the company founder, becomes president of The Dayton Company, thus ushering in a new generation of leadership. Eventually, all of the founder's grandsons—Wallace, George II, Kenneth, Donald, Bruce and Douglas—take leadership positions within the company. -
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Entrance into Discount retailing
As The Dayton Company looks for new ways to strengthen relationships with guests, company leadership recognizes an opportunity to develop and introduce a new kind of mass-market discount store that caters to value-oriented shoppers seeking a higher-quality experience. -
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Target Advertisment
Introduces it's weekly newspaper article -
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Target updates Logo #2
Target updated logo 20 years after it was founded it had brighter colors -
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New Contender in Racing World
Now open in 32 states, Target partners with Chip Ganassi to form Target Chip Ganassi Racing. -
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Target Offer's Credit
The first Target store credit card, known as the Target Guest Card, launches in 1995. -
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Target Opens First Super Target
Recognizing that busy shoppers don't always have time to visit several stores in one shopping trip, Target develops the SuperTarget store to provide guests with the convenience of one-stop shopping. -
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Current logo
Target updated it's logo once again in 2006 and has been the same since -
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Target expands product
Target expands fresh food offerings into stores nationwide.