Friday, April 27, 2012

Target turns 50!

In May, Target will celebrate its 50th birthday. But their retail roots go even deeper than that: the company was actually founded in 1902 in Minneapolis as the Dayton Dry Goods Company, and the first Target store was opened in 1962 in nearby Roseville, Minnesota.  Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed Target Corporation in August 2000.

Target is now the second-largest discount retailer in the United States, right behind rival Walmart.  Target's empire has grown to include 1,765 stores and more than 375,000 team members across the globe, and as reported yesterday, they are planning to expand to Canada in early 2013.

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