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Target's original bullseye logo, used from 1962 until 1968 [1] 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 ...
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.
In 1996, Coles Myer merged the Target and Fosseys brands, and their first speciality store Baby Target was established. [citation needed] Then in 1998, their second speciality store, Target Home opened. [citation needed] Fosseys stores were later renamed Target Country, becoming the third speciality store under the Target name.
The store operates as a specialty baby products retailer and grew to about 260 stores in the United States. The stores offer an assortment of products for newborns, infants, and toddlers. The company also maintains a registry and offers pre- and post-natal classes and events.
About half of its 2,000 stores will sell the Pride collection, according to Bloomberg, which first reported the news. The assortment will also be sold on Target’s website .
Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016. Now it’s predicting a sluggish 2024 as shoppers are weighed down by higher prices.