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The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
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The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962, while the parent company was renamed the ...
September 21, 2023 at 12:37 PM. hapabapa / iStock.com. As the 2023 holiday season approaches, retail giant Target is gearing up to spread some extra cheer by hiring a whopping 100,000 seasonal ...
March 22, 2024 at 4:55 PM. Target has 25,000 fewer employees than a year ago. In its latest annual report, the Minneapolis-based retailer disclosed that it had about 415,000 full-time, part-time ...
During his tenure, Cornell shut down the loss-incurring Target Canada. Cornell occasionally visits Target stores and asks guests about their shopping experiences. As CEO, Cornell has been featured by news outlets such as CNN, which described him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s.
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