Question 1

When did Target Corporation become publicly traded?

Accepted Answer

Target Corporation, originally known as the Dayton Corporation, became publicly traded in 1967 on the New York Stock Exchange under the ticker symbol 'DAY'. In 2000, it was renamed Target Corporation and began trading under the ticker symbol 'TGT'.

Question 2

When was Target Corporation founded?

Accepted Answer

Target Corporation was founded on June 24, 1902, by George Dayton in Minneapolis, Minnesota. Originally named Goodfellow Dry Goods, it evolved into the Dayton Company and later became the Target Corporation.

Question 3

What is the origin of the Target brand?

Accepted Answer

The Target brand originated in 1962 when the Dayton Company established the first Target discount store in Roseville, Minnesota. The aim was to provide a new kind of discount retail experience by combining the best aspects of a department store with low prices.

Question 4

How has Target Corporation expanded over the years?

Accepted Answer

Target Corporation has expanded significantly since its founding, growing from a single store to a major national retail chain. Key milestones include the acquisition of Mervyn's and Marshall Field's stores in the 1970s and 1980s, the introduction of SuperTarget stores in 1995, and continued expansion across the United States. The company has also embraced e-commerce in recent years to enhance its customer shopping experience.

Target Corporation

Frequently asked questions about Target Corporation