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George Draper Dayton (March 6, 1857 – February 18, 1938) was an American businessman and philanthropist, most famous for being the founder of Dayton's department store, which later became Target Corporation.
Guiding Target into its second century, Cornell aims to cement its reputation as a durable retail innovator. From founder George Dayton to current chief Brian Cornell, Target’s leaders drove its growth from a 1902 Minneapolis dry goods store into a national giant.
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.
Biography: Dayton was the founder of what would become Target Corporation, one of the most successful retail companies in America. Originally hoping to be a minister, Dayton became a businessman and founded the Goodfellow Dry Goods store in Minneapolis.
Guided by religious principles, George Dayton, president of the Bank of Worthington and founder of the Minnesota Loan and Investment Company, facilitated the commercial and cultural development of the community.
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.
Target Corporation bears the strong imprint of its founder, George Draper Dayton. Dayton's father, a physician in New York state, could not afford to send him to college, in part because the doctor freely gave his services to the poor. Hence Dayton set off on his own in 1873 at age 16 to work in a coal and lumberyard.
