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George Draper Dayton was a banker who became a partner with Goodfellow's Dry Goods Company in Minneapolis, Minnesota. He eventually became president and changed the name to Dayton Dry Goods Company.
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George Dayton renames his store the Dayton Company to better suit the wide variety of goods. His company is built on fair business and giving. So he creates he Dayton Foundation and saves $1 million to promote giving back to people.
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There were strikes going on in the New York harbor and Target was unable to get their supplies. So Dayton's takes the opportunity to use planes to transport goods. This paved the way for commercial flight in the United States.
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Founder, George Dayton passes away on February 18, 1938 due to cancer. Dayton Company then passed on to his son George Dayton Jr.
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After the death of George Dayton Jr., his son Donald and 4 cousins and brothers took over.
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Dayton opens a new store in Rochester, Minnesota.
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The Dayton Company goes into retail with lower prices moving away from department stores. They decide to start a discount chain store under new management by Douglas Dayton.
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The company debates over 200 names untii they get to red and white Target. The first store opened in Roseville, Minnesota. Target combines high quality products with low prices. At the end of the year, they open two more in St. Louis Park and Duluth, Minnesota.
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Target opens it's first store outside of Minnesota in Denver, Colorado.
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Targets moves to St. Louis, Dallas, and Houston. They decide to change the logo to a simplar bullseye.
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They opened a distribution center in Friley, Minnesota. It holds and ships products to Target.
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Target becomes the no. 1 revenue producer for the new Dayton-Hudson comapny. It has reached over $1 billion in sales in one year.
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Bruce and Kenneth Dayton retire from the Board of Directors ending 80 years of a family run company.
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Stores are open in 32 states. Target becomes partners with formula 1 racer Chip Ganassi.
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Target reveils it's new brand, Expect More. Pay Less. This embodies the retail stores motto. Also, in 1995, they launch a store credit card called the Target Guest Card.
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Target opens their online website that onlines customers to shop from home and have it shipped to their door.
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Bullseye, who is a English Bull Terrier named Arielle, makes his first appearance in a Target commercial. He becomes so famous that they have a wax statue of his at Madame Tussaud's Wax Museum. That same year, target creates their first giftcard system.
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Target launches their first self-label called Market Pantry. It is quality but cheap food made by the Target Corporation
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Target makes a dollar section in their stores. They reach a high point and make $50 billion in 2005. They launch more self-labeled products. They give back $3 million a week to their community to carry on the idea of giving brought up by founder George Dayton. By 2012 they reach $4 billion per week.
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Target celebrates a 50 year anniversary since the first openng of Target. It has also been 110 years since the Dayton Dry Goods Company opened.
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Two russian guys managed to steal 40 million accounts from Target. It took them 18 days to complete the hack. They were eventually caught and Target might face federal charges for the attack.
