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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.
Cornell has hired many outsiders to update the corporate culture. Cornell occasionally visits Target stores and asks guests about their shopping experiences. As CEO, Cornell has been praised by outlets such as CNN, describing him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s.
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 Dayton ...
George Dayton. / 44.93611°N 93.29917°W / 44.93611; -93.29917. 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. [1] [2]
Business executive. Known for. President and CEO of H&R Block. Former president of Uber. Former CMO of Target. Notes. [1] [2] Jeffrey J. Jones II (born 1967) is an American business executive. He is president and chief executive officer of H&R Block, and formerly held executive posts with Target Corporation, Uber and Gap Inc.
Target Corp (NYSE:TGT) reported weaker-than-expected first-quarter earnings on Wednesday. The Minneapolis-based company reported a first-quarter FY24 sales decline of 3.1% year-on-year to $24.531 ...