The Expansion Of Target

Decent Essays
Originally known as the Dayton Dry Goods Company, Target was founded in 1881 by George D. Dayton. He set out on a mission to start a company that sold goods you can depend on in the Midwest. He decided Minneapolis, Minnesota would be the best location for his business due to its possibility for expansion. By 1902, his vision was established when his store became incorporated. Dayton’s was the first of its kind to fly merchandise across the country to prevent empty shelves. This opened the door to the different methods of transportation for consumer goods. In 1961, they announced a new discount retail store, they would be calling Target. They chose this name for the reason that when you shop there you would be hitting the bullseye. 1966 led

Related Documents

  • Improved Essays

    Kohl's Corporation History

    • 1125 Words
    • 5 Pages

    Kohl’s Corporation History During 1962 in Brookfield, Wisconsin, Max Kohl opened his first department store, Kohl’s. With its opening emerged a new experience for shoppers. Shoppers were now able to find everything from shoes, car accessories, candy to sporting equipment in one place.…

    • 1125 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Northgate Swot Analysis

    • 619 Words
    • 3 Pages

    Recently, Target has 1,801 locations throughout the United States. George Draper Dayton first Established Goodfellow Dry Goods in 1902, where he then changed the name to Dayton Dry Goods in 1903. Target is consider a chain of discount stores that, all stores average around 95,000 - 135,000 square feet. As of 2004 Target included Target Photo, Pharmacy, Starbucks, Pizza Press, Jamba Juice and so on. Target is now one of the most profitable retail store in the business, well of course behind Wal-Mart.…

    • 619 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    Walmart Retailer Analysis

    • 721 Words
    • 3 Pages

    The target market for this retailer is anyone looking for a one-stop shopping experience. Someone who wants to go to one store and get everything they need in a quick and easy trip. They chose this market because there are only a few large providers that offer a similar…

    • 721 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The founder of the Target Corporation is George Draper Dayton. Target was founded in 1902 in Minneapolis, MN. He chose Minneapolis because he thought it was the greatest location for business growth. He spent many years in the banking and real estate business and decide to venture out and search the Midwest for opportunities. He eventually settled on Nicollet Avenue for his first business opening (A Bullseye View, 1900s).…

    • 259 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    We all the known supermarket/retail store, Target. Target is not the most popular but it also really never has a bad image. Target is some ones “back-up” store. Or at least in my experience. This commercial that I will be talking about is a enjoying, entertaining, short, Target ad.…

    • 947 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    The author’s strategy to solve the problem of racially isolated neighborhoods and limited opportunities for people of color is “targeted universalism.” Targeted universalism is a strategy to help marginalized groups that are constantly treated unfairly in society. This strategy would help groups get more equal and fair treatment. Targeted universalism knows life takes place in a world of opportunities. Therefore, targeted universalism needs to enhance opportunities and the standard of living for everyone in a particular area.…

    • 277 Words
    • 2 Pages
    Decent Essays
  • Great Essays

    Aldi Swot Analysis

    • 1456 Words
    • 6 Pages

    When the Albrecht family first opened their stores in 1913 Germany they were in a tough market. Because of fierce competition they had to keep prices low if they wanted to stay afloat, let alone make a profit. Because their family understood the value of cutting costs without compromising quality, they successfully opened their first store. This achievement eventually allowed the family to put their name on over 100 store fronts. Later on the name on the store changed from Albrecht, to Aldi.…

    • 1456 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Sears Case Study Essay

    • 1801 Words
    • 8 Pages

    Main Point 3 Sears in the Organizational Life-Cycle Sears was originally founded in 1893. By the mid to late 1900’s, it had already grown into a retail powerhouse. Sears was often referred to as the Amazon.com or Walmart of U.S. Merchandising at its peak. During its growth phase, Sears helped create the modern day shopping malls in the 1950’s by helping developers build retail centers that would grow in popularity all across the country.…

    • 1801 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    Target fixation is a motorcycle 101 concept that riders learn about when getting their license. Although the problem is easy enough to understand, its solution is easier said than done. Target fixation is the human tendency to "home into" the very thing you wish to avoid. The term was coined during World War 2, when pilots sometimes flew into the targets they were strafing. The problem still exists among pilots today.…

    • 440 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Target Canada Essay

    • 1597 Words
    • 7 Pages

    No one would argue that this move failed to provide the retail chain a nearly-immediate foothold in the Canadian marketplace, but the move ended up being entirely too rapid for Target to handle. As discussed earlier, the physical locations of many branches were also less-than-ideal and strayed from Target’s United States business model. Instead of such an impatient tactic, Target Canada would have been well-served to mirror the efforts of chains such as Costco and Nordstrom, who both adopted a far more methodical approach in order to build sufficient supply chain infrastructure and work out operational kinks before investing excessive capital. While Wal-Mart also bought out leases when it entered Canada decades earlier, it too adopted a more methodical overall growth rate than Target did.…

    • 1597 Words
    • 7 Pages
    Improved Essays
  • Superior Essays

    7-Eleven Case Study

    • 1026 Words
    • 4 Pages

    Convenience stores have come a long way since the first one was founded in 1927. The first 7-eleven was founded in Dallas, Texas as the Southland Ice Company. It started out as “Tote’m” stores where they sold blocks of ice to the local community. One night, after a football game, the store got so busy that the employees forgot to close up the store. This is when the idea of staying open 24/7 came about.…

    • 1026 Words
    • 4 Pages
    Superior Essays
  • Great Essays

    History/Background Walmart began as the vision of Samuel Moore Walton during the 1950’s in Bentonville, Arkansas. Walton founded his company on the concept of the five-and-dime store blended with customer service, large stores located in small towns, valued products, low prices, and employee profit-sharing to create the largest retail empire in the world in terms of earnings and employees. By marketing to consumers who fit his business profile, Walton was successful in creating a niche that transformed how people acquired the products and services they needed. Walton’s business model appealed to consumers who desired to live better and to save money.…

    • 968 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    Furthermore, unlike its competitors, Wal*Mart had few promotions. In part, this led the Company to have prices lower than those of its competitors. Fourth, Wal*Mart developed its “Buy American” program in an effort to replace foreign made products sold in its stores with American made products. As this corresponded with values of the Company’s customers, it encourage them to buy at Wal*Mart. Fifth, the Company took approximately 120 days to open an average store that could possibly be expanded at a later date.…

    • 939 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    K-Mart Case Study

    • 1460 Words
    • 6 Pages

    Introduction The story of K-Mart began in 1897, when a man by the name of Sebastian Spering Kresge had the idea to open up a discount store in the heart of Detroit and form a partnership with a man by the name of John McCrory. This whole idea of offering goods and products to customers at discounted rates changed the ideas of retail in a way that was never seen before. It was two years after this partnership began, that it also ended in which Kresege took over, entitling these Detroit stores that were now spreading, S. S. Kresege Company. After years and years of growth, eventually making its way into Canada, in 1962 the first actual K-Mart opened in a surrounding city of Detroit.…

    • 1460 Words
    • 6 Pages
    Great Essays
  • Great Essays

    1. Introductions: Management information system (MSI) is the integration between people and technology. Over the years, management system has significant impact on developing organizational productivity, efficiency and most importantly financial growth. Though, management information system is the catalyst to increase business operation flow by relating people with technology but immensely incurred additional cost on its implementation within organization. During World War II, McDonald started business in 1940 California founded by Richard and Maurice McDonald but after World War II,…

    • 3760 Words
    • 16 Pages
    Great Essays